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Saturday, November 23, 2024

James Island home prices fall in July 2019

Realestate077

The median sale price of a home sold in July 2019 in James Island fell by $32,000 while total sales decreased by 75%, according to BlockShopper.com.

In July 2019, there were four homes sold, with a median sale price of $305,500 - a 9.5% decrease over the $337,500 median sale price for the same period of the previous year. There were 16 homes sold in James Island in July 2018.

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 July 2019.

The following table compares James Island to other Charleston County cities with similar median sales prices in July 2019:

CityJuly 2019 Home SalesJuly 2018 Home Sales% change (Total Home Sales)July 2019 Median Sales PriceJuly 2018 Median Sales Price% change (Median Sales Price)
Folly Beach47-42.9%$391,500$665,000-41.1%
Adams Run12-50%$355,000$91,250289%
McClellanville10-$345,000$0-
Hollywood12-50%$335,000$328,5002%
Charleston100181-44.8%$317,500$300,0005.8%
James Island416-75%$305,500$337,500-9.5%
Riverland Terrace10-$289,500$0-
Drayton110%$269,500$265,0001.7%
Melrose12-50%$217,500$237,500-8.4%
Summerville6520%$212,000$220,000-3.6%
Ravenel12-50%$184,000$398,500-53.8%

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