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Saturday, November 23, 2024

Ashley Forest home prices fall in 2019

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The median sale price of a home sold in 2019 in Ashley Forest fell by $60,000 while total sales increased by 75%, according to BlockShopper.com.

From January through December of 2019, there were 21 homes sold, with a median sale price of $385,000 - a 13.5% decrease over the $445,000 median sale price for the previous year. There were 12 homes sold in Ashley Forest in 2018.

The median sales tax in Ashley Forest for 2019 was $2,017. In 2018, the median sales tax was $1,845. This marks an increase of 9.3%. 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 Ashley Forest to other Charleston County cities with similar median sales prices in 2019:

CityJan. - Dec. 2019 Home SalesJan. - Dec. 2018 Home Sales% change (Total Home Sales)Jan. - Dec. 2019 Median Sales PriceJan. - Dec. 2018 Median Sales Price% change (Median Sales Price)
Mount Pleasant2,2001,62835.1%$429,000$430,000-0.2%
McClellanville322152.4%$405,000$261,00055.2%
Edisto Island372737%$399,000$298,90033.5%
Riverland Terrace211450%$390,000$346,00012.7%
Laurel Park26-66.7%$389,000$354,8009.6%
Ashley Forest211275%$385,000$445,000-13.5%
Seabrook Island23816742.5%$384,000$408,000-5.9%
Meggett2912141.7%$365,000$553,750-34.1%
Hollywood958018.8%$340,000$307,50010.6%
James Island1991848.2%$322,000$306,7505%
Ravenel2226-15.4%$319,000$167,00091%

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