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Friday, November 15, 2024

James Island home prices rise in 2017

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The median sale price of a home sold in 2017 in James Island rose by $24,000 while total sales decreased by 29.6%, according to BlockShopper.com.

From January through December of 2017, there were 193 homes sold, with a median sale price of $284,000 - a 9.2% increase over the $260,000 median sale price for the previous year. There were 274 homes sold in James Island in 2016.

The median sales tax in James Island for the most recent year with available data, 2015, was $1,253, approximately 0.4% of the median home sale price for 2017.

The following table compares James Island 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)
Meggett181520%$367,500$339,0008.4%
Riverland Terrace1627-40.7%$320,000$310,0003.2%
Edisto Island3034-11.8%$307,500$261,13017.8%
McClellanville2134-38.2%$307,000$234,75030.8%
Awendaw813-38.5%$292,500$320,000-8.6%
James Island193274-29.6%$284,000$260,0009.2%
Charleston2,3023,258-29.3%$282,000$260,0008.5%
Laurel Park716-56.3%$275,000$321,000-14.3%
Landsdowne10825%$269,900$245,00010.2%
Secessionville Acres89-11.1%$260,450$245,0006.3%
Hollywood4458-24.1%$259,950$254,2502.2%

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