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Palmetto State News

Tuesday, November 5, 2024

Seabrook Island home prices rise in February 2020

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The median sale price of a home sold in February 2020 in Seabrook Island rose by $113,000 while total sales decreased by 7.1%, according to BlockShopper.com.

In February 2020, there were 13 homes sold, with a median sale price of $375,000 - a 43.1% increase over the $262,000 median sale price for the same period of the previous year. There were 14 homes sold in Seabrook Island in February 2019.

The median sales tax in Seabrook Island for the most recent year with available data, 2019, was $3,566, approximately 1% of the median home sale price for February 2020.

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

CityFeb. 2020 Home SalesFeb. 2019 Home Sales% change (Total Home Sales)Feb. 2020 Median Sales PriceFeb. 2019 Median Sales Price% change (Median Sales Price)
Mount Pleasant130181-28.2%$415,000$385,0007.8%
Edisto Island15-80%$400,000$390,0002.6%
Hollywood512-58.3%$399,900$286,50039.6%
Ravenel31200%$386,000$112,000244.6%
Chesterfield10-$380,000$0-
Seabrook Island1314-7.1%$375,000$262,00043.1%
James Island201717.6%$342,000$225,00052%
North Pine Point10-$339,000$0-
Awendaw12-50%$305,000$301,5001.2%
Charleston2472307.4%$302,000$302,500-0.2%
Drayton20-$286,290$0-

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