Quantcast

Palmetto State News

Sunday, November 24, 2024

Pierpont home prices rise in the second half of 2019

Re 2

The median sale price of a home sold in the second half of 2019 in Pierpont rose by $113,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From July through December of 2019, there were three homes sold, with a median sale price of $268,000 - a 72.9% increase over the $155,000 median sale price for the same period of the previous year. There were three homes sold in Pierpont in the second half of 2018, as well.

The median sales tax in Pierpont for 2019 was $1,220. In 2018, the median sales tax was $1,175. This marks an increase of 3.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.5%.

The following table compares Pierpont 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)
Charleston1,2941,11815.7%$302,000$298,539.501.2%
Landsdowne5366.7%$289,000$200,00044.5%
Chesterfield26-66.7%$274,500$313,135-12.3%
North Pine Point23-33.3%$272,500$390,000-30.1%
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%

MORE NEWS