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Saturday, November 23, 2024

Kiawah Island home prices rise in April 2020

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The median sale price of a home sold in April 2020 in Kiawah Island rose by $252,500 while total sales decreased by 68%, according to BlockShopper.com.

In April 2020, there were eight homes sold, with a median sale price of $877,500 - a 40.4% increase over the $625,000 median sale price for the same period of the previous year. There were 25 homes sold in Kiawah Island in April 2019.

The median sales tax in Kiawah Island for the most recent year with available data, 2019, was $9,591, approximately 1.1% of the median home sale price for April 2020.

The following table compares Kiawah Island to other Charleston County cities with similar median sales prices in April 2020:

CityApr. 2020 Home SalesApr. 2019 Home Sales% change (Total Home Sales)Apr. 2020 Median Sales PriceApr. 2019 Median Sales Price% change (Median Sales Price)
Kiawah Island825-68%$877,500$625,00040.4%
Edisto Island23-33.3%$677,500$284,100138.5%
Isle of Palms1347-72.3%$640,000$669,000-4.3%
Folly Beach517-70.6%$620,000$579,0007.1%
Riverland Terrace18-87.5%$550,000$506,2508.6%
Seabrook Island1130-63.3%$510,000$383,00033.2%
Edgewater Park110%$475,000$425,00011.8%
Mount Pleasant157250-37.2%$475,000$439,9008%
Capri Isles110%$400,000$400,0000%
Ravenel14-75%$382,000$162,500135.1%
Castlewood10-$352,500$0-

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