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Sunday, September 22, 2024

Drayton home prices rose in the second half of 2020

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The median sale price of a home sold in the second half of 2020 in Drayton rose by $60,500 while total sales increased by 120%, according to BlockShopper.com.

From July through December of 2020, there were 11 homes sold, with a median sale price of $330,000 - a 22.4% increase over the $269,500 median sale price for the same period of the previous year. There were five homes sold in Drayton in the second half of 2019.

The median sales tax in Drayton for the most recent year with available data, 2019, was $1,448, approximately 0.4% of the median home sale price for the second half of 2020.

The following table compares Drayton 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)
Ravenel1011-9.1%$363,375$339,0007.2%
James Island14772104.2%$350,000$327,0007%
McClellanville1316-18.8%$350,000$425,000-17.6%
Capri Isles770%$340,000$247,50037.4%
North Pine Point42100%$337,500$272,50023.9%
Drayton115120%$330,000$269,50022.4%
Charleston1,5341,31117%$324,950$300,0008.3%
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%

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