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Saturday, November 23, 2024

James Island home prices rise in December 2019

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The median sale price of a home sold in December 2019 in James Island rose by $19,000 while total sales increased by 214.3%, according to BlockShopper.com.

In December 2019, there were 22 homes sold, with a median sale price of $330,000 - a 6.1% increase over the $311,000 median sale price for the same period of the previous year. There were seven homes sold in James Island in December 2018.

The median sales tax in James Island for 2019 was $1,291. In 2018, the median sales tax was $1,418. This marks an decrease of 9%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.4%.

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

CityDec. 2019 Home SalesDec. 2018 Home Sales% change (Total Home Sales)Dec. 2019 Median Sales PriceDec. 2018 Median Sales Price% change (Median Sales Price)
Edisto Island50-$475,000$0-
Mount Pleasant1297767.5%$440,000$391,00012.5%
Ashley Forest30-$370,000$0-
Riverland Terrace110%$357,500$275,00030%
Hollywood62200%$331,500$630,000-47.4%
James Island227214.3%$330,000$311,0006.1%
Seabrook Island199111.1%$320,000$305,0004.9%
Charleston232111109%$310,950$285,0009.1%
Forest Lakes10-$310,000$0-
Ravenel20-$302,000$0-
Landsdowne40-$283,700$0-

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