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Sunday, September 22, 2024

Mount Pleasant home prices rise in November 2019

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The median sale price of a home sold in November 2019 in Mount Pleasant rose by $7,500 while total sales decreased by 0.7%, according to BlockShopper.com.

In November 2019, there were 138 homes sold, with a median sale price of $407,500 - a 1.9% increase over the $400,000 median sale price for the same period of the previous year. There were 139 homes sold in Mount Pleasant in November 2018.

The median sales tax in Mount Pleasant for 2019 was $1,817. In 2018, the median sales tax was $1,777. This marks an increase of 2.3%. 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 Mount Pleasant 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)
Riverland Terrace10-$572,500$0-
Edisto Island13-66.7%$522,900$281,75085.6%
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%

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