From April through June of 2020, there were two homes sold, with a median sale price of $783,615 - a 60.8% decrease over the $2,000,000 median sale price for the same period of the previous year. There were 11 homes sold in Sullivan's Island in the second quarter of 2019.
The median sales tax in Sullivan's Island for the most recent year with available data, 2019, was $9,160, approximately 1.2% of the median home sale price for the second quarter of 2020.
The following table compares Sullivan's Island to other Charleston County cities with similar median sales prices in the second quarter of 2020:
| City | Apr. - June 2020 Home Sales | Apr. - June 2019 Home Sales | % change (Total Home Sales) | Apr. - June 2020 Median Sales Price | Apr. - June 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan's Island | 2 | 11 | -81.8% | $783,615 | $2,000,000 | -60.8% |
| Isle of Palms | 51 | 124 | -58.9% | $715,000 | $685,000 | 4.4% |
| Kiawah Island | 40 | 78 | -48.7% | $708,000 | $650,000 | 8.9% |
| Folly Beach | 20 | 43 | -53.5% | $622,500 | $575,000 | 8.3% |
| Riverland Terrace | 1 | 10 | -90% | $550,000 | $482,500 | 14% |
| Edgewater Park | 1 | 1 | 0% | $475,000 | $425,000 | 11.8% |
| Meggett | 4 | 7 | -42.9% | $452,450 | $715,000 | -36.7% |
| Mount Pleasant | 476 | 759 | -37.3% | $430,000 | $450,000 | -4.4% |
| Edisto Island | 5 | 11 | -54.5% | $405,000 | $310,000 | 30.6% |
| Ashley Forest | 3 | 11 | -72.7% | $386,000 | $367,500 | 5% |
| Capri Isles | 5 | 3 | 66.7% | $380,000 | $240,000 | 58.3% |
Alerts Sign-up