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Sunday, September 22, 2024

James Island home prices rise in November 2019

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The median sale price of a home sold in November 2019 in James Island rose by $32,400 while total sales decreased by 50%, according to BlockShopper.com.

In November 2019, there were seven homes sold, with a median sale price of $359,900 - a 9.9% increase over the $327,500 median sale price for the same period of the previous year. There were 14 homes sold in James Island in November 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 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)
Folly Beach69-33.3%$503,000$742,000-32.2%
Whitehall Terrace110%$480,000$388,00023.7%
Hollywood59-44.4%$435,000$315,00038.1%
Mount Pleasant138139-0.7%$407,500$400,0001.9%
Ravenel31200%$405,000$24,5001553.1%
James Island714-50%$359,900$327,5009.9%
Seabrook Island12119.1%$310,000$510,000-39.2%
Chesterfield12-50%$270,000$314,000-14%
Charleston181193-6.2%$269,000$264,0001.9%
Pierpont10-$268,000$0-
Adams Run12-50%$265,500$133,50098.9%

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