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Palmetto State News

Tuesday, November 5, 2024

Mount Pleasant home prices rise in February 2020

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The median sale price of a home sold in February 2020 in Mount Pleasant rose by $30,000 while total sales decreased by 28.2%, according to BlockShopper.com.

In February 2020, there were 130 homes sold, with a median sale price of $415,000 - a 7.8% increase over the $385,000 median sale price for the same period of the previous year. There were 181 homes sold in Mount Pleasant in February 2019.

The median sales tax in Mount Pleasant for the most recent year with available data, 2019, was $1,817, approximately 0.4% of the median home sale price for February 2020.

The following table compares Mount Pleasant 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)
Adams Run14-75%$745,000$230,650223%
Folly Beach818-55.6%$642,500$619,0003.8%
Isle of Palms1518-16.7%$634,000$659,750-3.9%
Ashley Forest12-50%$510,000$432,00018.1%
Kiawah Island330%$482,500$1,199,000-59.8%
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%

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