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Thursday, September 26, 2024

Capri Isles home prices fall in the second half of 2017

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The median sale price of a home sold in the second half of 2017 in Capri Isles fell by $88,750 while total sales decreased by 20%, according to BlockShopper.com.

From July through December of 2017, there were four homes sold, with a median sale price of $234,250 - a 27.5% decrease over the $323,000 median sale price for the same period of the previous year. There were five homes sold in Capri Isles in the second half of 2016.

The median sales tax in Capri Isles for the most recent year with available data, 2015, was $1,797, approximately 0.8% of the median home sale price for the second half of 2017.

The following table compares Capri Isles to other Charleston County cities with similar median sales prices in the second half of 2017:

CityJuly - Dec. 2017 Home SalesJuly - Dec. 2016 Home Sales% change (Total Home Sales)July - Dec. 2017 Median Sales PriceJuly - Dec. 2016 Median Sales Price% change (Median Sales Price)
Hollywood2125-16%$260,000$265,000-1.9%
Chesterfield12-50%$255,000$183,87538.7%
Forest Lakes51400%$250,000$205,00022%
Edisto Island1315-13.3%$249,000$215,00015.8%
Fenwick Hills24-50%$236,000$85,000177.6%
Capri Isles45-20%$234,250$323,000-27.5%
Church Creek49-55.6%$230,000$231,500-0.6%
Plantation Estates61500%$227,000$107,000112.1%
Ponderosa813-38.5%$219,000$200,0009.5%
Melrose220%$207,500$187,50010.7%
Castlewood110%$188,000$66,000184.8%

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