Quantcast

Palmetto State News

Saturday, November 16, 2024

Summerville home prices rise in 2017

Re 2

The median sale price of a home sold in 2017 in Summerville rose by $10,850 while total sales decreased by 25.8%, according to BlockShopper.com.

From January through December of 2017, there were 66 homes sold, with a median sale price of $185,750 - a 6.2% increase over the $174,900 median sale price for the previous year. There were 89 homes sold in Summerville in 2016.

The median sales tax in Summerville for the most recent year with available data, 2015, was $862, approximately 0.5% of the median home sale price for 2017.

The following table compares Summerville to other Charleston County cities with similar median sales prices in 2017:

CityJan. - Dec. 2017 Home SalesJan. - Dec. 2016 Home Sales% change (Total Home Sales)Jan. - Dec. 2017 Median Sales PriceJan. - Dec. 2016 Median Sales Price% change (Median Sales Price)
Whitehall Terrace37-57.1%$225,000$337,000-33.2%
Long Branch Estates712-41.7%$223,000$205,2508.6%
Church Creek715-53.3%$215,000$206,7004%
Ponderosa1922-13.6%$213,000$200,0006.5%
Plantation Estates145180%$207,450$184,00012.7%
Summerville6689-25.8%$185,750$174,9006.2%
Castlewood35-40%$180,000$92,00095.7%
Melrose57-28.6%$165,000$200,000-17.5%
Pierpont167128.6%$164,500$183,000-10.1%
Lincolnville34-25%$158,000$142,20011.1%
North Charleston9421,245-24.3%$132,950$120,00010.8%

MORE NEWS