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Saturday, November 23, 2024

Adams Run home prices rise in the second half of 2019

Realestate2

The median sale price of a home sold in the second half of 2019 in Adams Run rose by $61,475 while total sales decreased by 7.1%, according to BlockShopper.com.

From July through December of 2019, there were 13 homes sold, with a median sale price of $229,100 - a 36.7% increase over the $167,625 median sale price for the same period of the previous year. There were 14 homes sold in Adams Run in the second half of 2018.

The median sales tax in Adams Run for 2019 was $885. In 2018, the median sales tax was $849. This marks an increase of 4.4%. 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 Adams Run to other Charleston County cities with similar median sales prices in the second half of 2019:

CityJuly - Dec. 2019 Home SalesJuly - Dec. 2018 Home Sales% change (Total Home Sales)July - Dec. 2019 Median Sales PriceJuly - Dec. 2018 Median Sales Price% change (Median Sales Price)
Drayton57-28.6%$269,500$265,0001.7%
Pierpont330%$268,000$155,00072.9%
Fenwick Hills47-42.9%$252,250$260,000-3%
Capri Isles78-12.5%$247,500$474,500-47.8%
Church Creek52150%$238,000$228,7004.1%
Adams Run1314-7.1%$229,100$167,62536.7%
Summerville593378.8%$224,000$209,5006.9%
Ponderosa880%$219,000$170,85028.2%
Melrose440%$217,500$247,450-12.1%
Long Branch Estates105100%$213,750$291,000-26.5%
North Charleston66351828%$163,000$140,25016.2%

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