Quantcast

Palmetto State News

Sunday, September 22, 2024

Charleston home prices fall in the second quarter of 2020

Re 3

The median sale price of a home sold in the second quarter of 2020 in Charleston fell by $2,000 while total sales decreased by 38.1%, according to BlockShopper.com.

From April through June of 2020, there were 664 homes sold, with a median sale price of $315,000 - a 0.6% decrease over the $317,000 median sale price for the same period of the previous year. There were 1,073 homes sold in Charleston in the second quarter of 2019.

The median sales tax in Charleston for the most recent year with available data, 2019, was $1,635, approximately 0.5% of the median home sale price for the second quarter of 2020.

The following table compares Charleston to other Charleston County cities with similar median sales prices in the second quarter of 2020:

CityApr. - June 2020 Home SalesApr. - June 2019 Home Sales% change (Total Home Sales)Apr. - June 2020 Median Sales PriceApr. - June 2019 Median Sales Price% change (Median Sales Price)
Green Acres110%$338,300$500,000-32.3%
James Island6568-4.4%$335,000$323,0003.7%
McClellanville6450%$329,500$355,500-7.3%
Ravenel46-33.3%$322,250$175,00084.1%
Drayton71600%$315,000$310,0001.6%
Charleston6641,073-38.1%$315,000$317,000-0.6%
Long Branch Estates51400%$295,000$235,00025.5%
Landsdowne23-33.3%$284,000$322,900-12%
Adams Run81700%$280,000$2,50011100%
Secessionville Acres13-66.7%$270,000$395,000-31.6%
Cedar Springs220%$266,950$322,250-17.2%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS