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Palmetto State News

Friday, November 15, 2024

Forest Lakes home prices rise in 2017

Realestate077

The median sale price of a home sold in 2017 in Forest Lakes rose by $10,100 while total sales increased by 100%, according to BlockShopper.com.

From January through December of 2017, there were six homes sold, with a median sale price of $240,000 - a 4.4% increase over the $229,900 median sale price for the previous year. There were three homes sold in Forest Lakes in 2016.

The median sales tax in Forest Lakes for the most recent year with available data, 2015, was $1,283, approximately 0.5% of the median home sale price for 2017.

The following table compares Forest Lakes 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)
Secessionville Acres89-11.1%$260,450$245,0006.3%
Hollywood4458-24.1%$259,950$254,2502.2%
Chesterfield330%$255,000$289,000-11.8%
Capri Isles610-40%$255,000$307,500-17.1%
Drayton121020%$247,500$236,0004.9%
Forest Lakes63100%$240,000$229,9004.4%
North Pine Point210-80%$239,000$205,00016.6%
Fenwick Hills910-10%$225,000$135,187.5066.4%
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%

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