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Sunday, September 22, 2024

Riverland Terrace home prices rise in 2018

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The median sale price of a home sold in 2018 in Riverland Terrace rose by $26,000 while total sales decreased by 12.5%, according to BlockShopper.com.

From January through December of 2018, there were 14 homes sold, with a median sale price of $346,000 - a 8.1% increase over the $320,000 median sale price for the previous year. There were 16 homes sold in Riverland Terrace in 2017.

The median sales tax in Riverland Terrace for the most recent year with available data, 2015, was $1,632, approximately 0.5% of the median home sale price for 2018.

The following table compares Riverland Terrace 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)
Mount Pleasant1,3461,704-21%$425,000$412,2503.1%
Ashley Forest1012-16.7%$417,500$413,0001.1%
North Pine Point62200%$383,500$239,00060.5%
Laurel Park67-14.3%$354,800$275,00029%
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%

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