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Monday, November 25, 2024

Landsdowne home prices rise in the first half of 2017

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The median sale price of a home sold in the first half of 2017 in Landsdowne rose by $15,000 while total sales increased by 66.7%, according to BlockShopper.com.

From January through June of 2017, there were five homes sold, with a median sale price of $245,000 - a 6.5% increase over the $230,000 median sale price for the same period of the previous year. There were three homes sold in Landsdowne in the first half of 2016.

The median sales tax in Landsdowne for the most recent year with available data, 2015, was $1,139, approximately 0.5% of the median home sale price for the first half of 2017.

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

CityJan. - June 2017 Home SalesJan. - June 2016 Home Sales% change (Total Home Sales)Jan. - June 2017 Median Sales PriceJan. - June 2016 Median Sales Price% change (Median Sales Price)
Charleston1,3471,628-17.3%$283,000$255,00011%
James Island128158-19%$278,000$252,50010.1%
Laurel Park38-62.5%$275,000$318,750-13.7%
Capri Isles25-60%$267,500$292,000-8.4%
Hollywood2333-30.3%$259,900$249,0004.4%
Landsdowne5366.7%$245,000$230,0006.5%
Long Branch Estates6450%$234,000$228,0002.6%
Forest Lakes12-50%$230,000$239,700-4%
Whitehall Terrace12-50%$225,000$356,500-36.9%
Secessionville Acres440%$216,750$244,500-11.3%
Drayton63100%$209,500$235,000-10.9%

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