From July through December of 2019, there were eight homes sold, with a median sale price of $219,000 - a 28.2% increase over the $170,850 median sale price for the same period of the previous year. There were eight homes sold in Ponderosa in the second half of 2018, as well.
The median sales tax in Ponderosa for 2019 was $833. In 2018, the median sales tax was $772. This marks an increase of 7.9%. 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 Ponderosa to other Charleston County cities with similar median sales prices in the second half of 2019:
| City | July - Dec. 2019 Home Sales | July - Dec. 2018 Home Sales | % change (Total Home Sales) | July - Dec. 2019 Median Sales Price | July - Dec. 2018 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Fenwick Hills | 4 | 7 | -42.9% | $252,250 | $260,000 | -3% |
| Capri Isles | 7 | 8 | -12.5% | $247,500 | $474,500 | -47.8% |
| Church Creek | 5 | 2 | 150% | $238,000 | $228,700 | 4.1% |
| Adams Run | 13 | 14 | -7.1% | $229,100 | $167,625 | 36.7% |
| Summerville | 59 | 33 | 78.8% | $224,000 | $209,500 | 6.9% |
| Ponderosa | 8 | 8 | 0% | $219,000 | $170,850 | 28.2% |
| Melrose | 4 | 4 | 0% | $217,500 | $247,450 | -12.1% |
| Long Branch Estates | 10 | 5 | 100% | $213,750 | $291,000 | -26.5% |
| North Charleston | 663 | 518 | 28% | $163,000 | $140,250 | 16.2% |
| Ladson | 41 | 30 | 36.7% | $149,990 | $100,000 | 50% |
| Castlewood | 1 | 0 | - | $137,500 | $0 | - |
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