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Sunday, November 24, 2024

Charleston home prices rise in November 2020

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The median sale price of a home sold in November 2020 in Charleston rose by $65,000 while total sales decreased by 18.7%, according to BlockShopper.com.

In November 2020, there were 152 homes sold, with a median sale price of $330,000 - a 24.5% increase over the $265,000 median sale price for the same period of the previous year. There were 187 homes sold in Charleston in November 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 November 2020.

The following table compares Charleston 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)
Chesterfield110%$385,000$270,00042.6%
Hollywood15-80%$370,000$435,000-14.9%
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-

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