Quantcast

Palmetto State News

Sunday, September 22, 2024

Edisto Island home prices fall in 2018

Re 7

The median sale price of a home sold in 2018 in Edisto Island fell by $3,050 while total sales decreased by 26.7%, according to BlockShopper.com.

From January through December of 2018, there were 22 homes sold, with a median sale price of $304,450 - a 1% decrease over the $307,500 median sale price for the previous year. There were 30 homes sold in Edisto Island in 2017.

The median sales tax in Edisto Island for the most recent year with available data, 2015, was $1,668, approximately 0.5% of the median home sale price for 2018.

The following table compares Edisto Island to other Charleston County cities with similar median sales prices in 2018:

CityJan. - Dec. 2018 Home SalesJan. - Dec. 2017 Home Sales% change (Total Home Sales)Jan. - Dec. 2018 Median Sales PriceJan. - Dec. 2017 Median Sales Price% change (Median Sales Price)
Forest Lakes26-66.7%$347,450$240,00044.8%
Riverland Terrace1416-12.5%$346,000$320,0008.1%
Chesterfield73133.3%$324,770$255,00027.4%
Whitehall Terrace103233.3%$312,500$225,00038.9%
James Island169193-12.4%$305,000$284,0007.4%
Edisto Island2230-26.7%$304,450$307,500-1%
Charleston1,9132,302-16.9%$289,500$282,0002.7%
Hollywood3844-13.6%$282,500$259,9508.7%
Drayton13128.3%$265,000$247,5007.1%
Long Branch Estates57-28.6%$265,000$223,00018.8%
McClellanville1921-9.5%$262,500$307,000-14.5%

MORE NEWS