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Palmetto State News

Monday, September 23, 2024

Summerville home prices rise in March 2020

Realestate2

The median sale price of a home sold in March 2020 in Summerville rose by $20,100 while total sales decreased by 70%, according to BlockShopper.com.

In March 2020, there were three homes sold, with a median sale price of $230,000 - a 9.6% increase over the $209,900 median sale price for the same period of the previous year. There were 10 homes sold in Summerville in March 2019.

The median sales tax in Summerville for the most recent year with available data, 2019, was $952, approximately 0.4% of the median home sale price for March 2020.

The following table compares Summerville to other Charleston County cities with similar median sales prices in March 2020:

CityMar. 2020 Home SalesMar. 2019 Home Sales% change (Total Home Sales)Mar. 2020 Median Sales PriceMar. 2019 Median Sales Price% change (Median Sales Price)
Adams Run35-40%$267,000$130,000105.4%
Fenwick Hills220%$259,050$150,00072.7%
Ponderosa220%$254,500$180,00041.4%
Drayton30-$251,100$0-
McClellanville15-80%$248,000$865,000-71.3%
Summerville310-70%$230,000$209,9009.6%
Chesterfield10-$218,500$0-
North Pine Point13-66.7%$187,000$155,00020.6%
Pierpont13-66.7%$185,000$150,00023.3%
North Charleston99166-40.4%$174,000$178,000-2.2%
Ladson617-64.7%$145,000$147,000-1.4%

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