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Sunday, November 24, 2024

Seabrook Island home prices fall in November 2020

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The median sale price of a home sold in November 2020 in Seabrook Island fell by $63,500 while total sales increased by 8.3%, according to BlockShopper.com.

In November 2020, there were 13 homes sold, with a median sale price of $246,500 - a 20.5% decrease over the $310,000 median sale price for the same period of the previous year. There were 12 homes sold in Seabrook Island in November 2019.

The median sales tax in Seabrook Island for the most recent year with available data, 2019, was $3,566, approximately 1.4% of the median home sale price for November 2020.

The following table compares Seabrook Island to other Charleston County cities with similar median sales prices in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Laurel Park20-$366,250$0-
Edisto Island21100%$360,000$522,900-31.2%
James Island11837.5%$347,500$292,45018.8%
Charleston152187-18.7%$330,000$265,00024.5%
Long Branch Estates13-66.7%$250,000$170,00047.1%
Ponderosa110%$250,000$200,00025%
Melrose110%$247,500$148,00067.2%
Seabrook Island13128.3%$246,500$310,000-20.5%
Drayton10-$235,000$0-
North Charleston37103-64.1%$172,000$170,0001.2%
Ladson110-90%$75,000$147,295-49.1%

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