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Sunday, September 22, 2024

James Island home prices rise in the second quarter of 2020

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The median sale price of a home sold in the second quarter of 2020 in James Island rose by $12,000 while total sales decreased by 4.4%, according to BlockShopper.com.

From April through June of 2020, there were 65 homes sold, with a median sale price of $335,000 - a 3.7% increase over the $323,000 median sale price for the same period of the previous year. There were 68 homes sold in James Island in the second quarter of 2019.

The median sales tax in James Island for the most recent year with available data, 2019, was $1,291, approximately 0.4% of the median home sale price for the second quarter of 2020.

The following table compares James Island 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)
Capri Isles5366.7%$380,000$240,00058.3%
Seabrook Island4098-59.2%$366,000$538,000-32%
Castlewood10-$352,500$0-
Laurel Park10-$343,500$0-
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%

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