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Palmetto State News

Monday, September 23, 2024

Meggett home prices fall in June 2020

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The median sale price of a home sold in June 2020 in Meggett fell by $347,500 while total sales decreased by 60%, according to BlockShopper.com.

In June 2020, there were two homes sold, with a median sale price of $367,500 - a 48.6% decrease over the $715,000 median sale price for the same period of the previous year. There were five homes sold in Meggett in June 2019.

The median sales tax in Meggett for the most recent year with available data, 2019, was $1,922, approximately 0.5% of the median home sale price for June 2020.

The following table compares Meggett 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)
Sullivan's Island14-75%$542,230$1,787,500-69.7%
Mount Pleasant171269-36.4%$406,000$455,000-10.8%
Ashley Forest23-33.3%$383,000$295,00029.8%
Awendaw20-$377,500$0-
Drayton40-$372,000$0-
Meggett25-60%$367,500$715,000-48.6%
Laurel Park10-$343,500$0-
James Island1929-34.5%$338,000$320,0005.6%
Charleston257304-15.5%$324,900$332,500-2.3%
Seabrook Island2135-40%$317,500$604,750-47.5%
Adams Run30-$290,000$0-

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