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Saturday, November 23, 2024

Whitehall Terrace home prices rise in the fourth quarter of 2019

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The median sale price of a home sold in the fourth quarter of 2019 in Whitehall Terrace rose by $117,188 while total sales decreased by 33.3%, according to BlockShopper.com.

From October through December of 2019, there were two homes sold, with a median sale price of $492,188 - a 31.3% increase over the $375,000 median sale price for the same period of the previous year. There were three homes sold in Whitehall Terrace in the fourth quarter of 2018.

The median sales tax in Whitehall Terrace for 2019 was $1,533. In 2018, the median sales tax was $1,450. This marks an increase of 5.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.3%.

The following table compares Whitehall Terrace to other Charleston County cities with similar median sales prices in the fourth quarter of 2019:

CityOct. - Dec. 2019 Home SalesOct. - Dec. 2018 Home Sales% change (Total Home Sales)Oct. - Dec. 2019 Median Sales PriceOct. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Isle of Palms453915.4%$655,000$785,000-16.6%
McClellanville67-14.3%$625,000$329,00090%
Kiawah Island3748-22.9%$585,000$1,062,500-44.9%
Folly Beach2831-9.7%$566,450$700,000-19.1%
Cedar Springs20-$497,500$0-
Whitehall Terrace23-33.3%$492,187.50$375,00031.3%
Edisto Island770%$475,000$281,75068.6%
Mount Pleasant38632419.1%$431,000$423,7501.7%
Ravenel6520%$380,000$70,000442.9%
Ashley Forest45-20%$377,500$445,000-15.2%
Hollywood171513.3%$375,000$440,000-14.8%

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