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Sunday, September 22, 2024

Summerville home prices rise in June 2020

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The median sale price of a home sold in June 2020 in Summerville rose by $47,500 while total sales decreased by 40%, according to BlockShopper.com.

In June 2020, there were three homes sold, with a median sale price of $232,500 - a 25.7% increase over the $185,000 median sale price for the same period of the previous year. There were five homes sold in Summerville in June 2019.

The median sales tax in Summerville for the most recent year with available data, 2019, was $952, approximately 0.4% of the median home sale price for June 2020.

The following table compares Summerville to other Charleston County cities with similar median sales prices in June 2020:

CityJune 2020 Home SalesJune 2019 Home Sales% change (Total Home Sales)June 2020 Median Sales PriceJune 2019 Median Sales Price% change (Median Sales Price)
Long Branch Estates40-$272,500$0-
Cedar Springs10-$269,900$0-
McClellanville12-50%$265,100$160,00065.7%
Ravenel3250%$262,500$430,000-39%
North Pine Point20-$248,500$0-
Summerville35-40%$232,500$185,00025.7%
Lincolnville30-$225,000$0-
Hollywood58-37.5%$193,900$542,000-64.2%
Church Creek21100%$193,500$180,0007.5%
Melrose20-$186,000$0-
North Charleston70143-51%$185,250$160,00015.8%

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