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Monday, December 23, 2024

Summerville home prices rise in November 2019

Realestate5

The median sale price of a home sold in November 2019 in Summerville rose by $17,000 while total sales decreased by 44.4%, according to BlockShopper.com.

In November 2019, there were five homes sold, with a median sale price of $215,000 - a 8.6% increase over the $198,000 median sale price for the same period of the previous year. There were nine homes sold in Summerville in November 2018.

The median sales tax in Summerville for 2019 was $952. In 2018, the median sales tax was $936. This marks an increase of 1.7%. 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 Summerville to other Charleston County cities with similar median sales prices in November 2019:

CityNov. 2019 Home SalesNov. 2018 Home Sales% change (Total Home Sales)Nov. 2019 Median Sales PriceNov. 2018 Median Sales Price% change (Median Sales Price)
Pierpont10-$268,000$0-
Adams Run12-50%$265,500$133,50098.9%
Fenwick Hills220%$252,250$265,700-5.1%
Green Acres14-75%$240,000$294,112-18.4%
Church Creek30-$238,000$0-
Summerville59-44.4%$215,000$198,0008.6%
Ponderosa110%$200,000$166,70020%
North Charleston103119-13.4%$170,000$130,00030.8%
Long Branch Estates3250%$170,000$291,000-41.6%
Meggett34-25%$160,000$632,000-74.7%
Melrose10-$148,000$0-

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