Quantcast

Palmetto State News

Sunday, September 22, 2024

The second half of 2020: Pierpont experienced a 6.9% drop in median home prices

Re 11

The median sale price of a home sold in the second half of 2020 in Pierpont fell by $18,500 while total sales increased by 33.3%, according to BlockShopper.com.

From July through December of 2020, there were four homes sold, with a median sale price of $249,500 - a 6.9% decrease over the $268,000 median sale price for the same period of the previous year. There were three homes sold in Pierpont in the second half of 2019.

The median sales tax in Pierpont for the most recent year with available data, 2019, was $1,220, approximately 0.5% of the median home sale price for the second half of 2020.

The following table compares Pierpont to other Charleston County cities with similar median sale prices in the second half of 2020:

CityJuly - Dec. 2020 Home SalesJuly - Dec. 2019 Home Sales% change (Total Home Sales)July - Dec. 2020 Median Sales PriceJuly - Dec. 2019 Median Sales Price% change (Median Sales Price)
Fenwick Hills24-50%$307,500$252,25021.9%
Cedar Springs4333.3%$306,500$340,000-9.9%
Church Creek45-20%$284,987.50$238,00019.7%
Forest Lakes110%$274,900$310,000-11.3%
Long Branch Estates710-30%$259,000$213,75021.2%
Pierpont4333.3%$249,500$268,000-6.9%
Melrose6450%$245,750$217,50013%
Plantation Estates31200%$240,000$319,000-24.8%
Summerville5159-13.6%$239,500$224,0006.9%
Ponderosa89-11.1%$220,450$213,0003.5%
Adams Run813-38.5%$210,000$229,100-8.3%

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS