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Sunday, November 24, 2024

Whitehall Terrace home prices rise in 2019

Realestate3

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Adobe Stock

The median sale price of a home sold in 2019 in Whitehall Terrace rose by $149,000 while total sales decreased by 53.3%, according to BlockShopper.com.

From January through December of 2019, there were seven homes sold, with a median sale price of $449,000 - a 49.7% increase over the $300,000 median sale price for the previous year. There were 15 homes sold in Whitehall Terrace in 2018.

The median sales tax in Whitehall Terrace for 2019 was $1,533. In 2018, the median sales tax was $1,450. This marks an increase of 5.7%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 0.3%.

The following table compares Whitehall Terrace 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)
Sullivan's Island3459-42.4%$1,701,588.50$2,050,000-17%
Isle of Palms30922239.2%$680,000$770,000-11.7%
Kiawah Island18915521.9%$640,000$875,000-26.9%
Folly Beach1479653.1%$579,000$634,500-8.7%
Edgewater Park111010%$480,000$697,500-31.2%
Whitehall Terrace715-53.3%$449,000$300,00049.7%
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%

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