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Saturday, November 23, 2024

Landsdowne home prices rise in the second half of 2019

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The median sale price of a home sold in the second half of 2019 in Landsdowne rose by $89,000 while total sales increased by 66.7%, according to BlockShopper.com.

From July through December of 2019, there were five homes sold, with a median sale price of $289,000 - a 44.5% increase over the $200,000 median sale price for the same period of the previous year. There were three homes sold in Landsdowne in the second half of 2018.

The median sales tax in Landsdowne for 2019 was $1,179. In 2018, the median sales tax was $1,340. This marks an decrease of 12%. 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 Landsdowne 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)
Plantation Estates12-50%$319,000$175,00082.3%
Seabrook Island957625%$316,000$505,000-37.4%
Forest Lakes10-$310,000$0-
Green Acres25-60%$307,500$314,000-2.1%
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%

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