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Sunday, September 22, 2024

James Island home prices rise in the first half of 2020

Realestate3

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The median sale price of a home sold in the first half of 2020 in James Island rose by $10,000 while total sales increased by 10%, according to BlockShopper.com.

From January through June of 2020, there were 143 homes sold, with a median sale price of $330,000 - a 3.1% increase over the $320,000 median sale price for the same period of the previous year. There were 130 homes sold in James Island in the first half 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 first half of 2020.

The following table compares James Island to other Charleston County cities with similar median sales prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Ravenel811-27.3%$384,000$175,000119.4%
Capri Isles9812.5%$380,000$263,75044.1%
Seabrook Island87143-39.2%$375,000$463,000-19%
Castlewood10-$352,500$0-
Awendaw6520%$343,750$155,000121.8%
James Island14313010%$330,000$320,0003.1%
Laurel Park42100%$326,750$389,000-16%
Charleston1,3401,840-27.2%$310,000$314,500-1.4%
Chesterfield24-50%$299,250$420,000-28.8%
McClellanville916-43.8%$279,000$320,000-12.8%
Green Acres4333.3%$274,950$150,00083.3%

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