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Sunday, September 22, 2024

What happened to the median home price in Whitehall Terrace during 2020?

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The median sale price of a home sold in 2020 in Whitehall Terrace fell by $25,500 while total sales increased by 14.3%, according to BlockShopper.com.

From January through December of 2020, there were eight homes sold, with a median sale price of $423,500 - a 5.7% decrease over the $449,000 median sale price for the previous year. There were seven homes sold in Whitehall Terrace in 2019.

The median sales tax in Whitehall Terrace for the most recent year with available data, 2019, was $1,533, approximately 0.4% of the median home sale price for 2020.

The following table compares Whitehall Terrace to other Charleston County cities with similar median sale prices in 2020:

CityJan. - Dec. 2020 Home SalesJan. - Dec. 2019 Home Sales% change (Total Home Sales)Jan. - Dec. 2020 Median Sales PriceJan. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Folly Beach119147-19%$649,995$579,00012.3%
Edgewater Park311-72.7%$515,000$480,0007.3%
Meggett1729-41.4%$490,000$365,00034.2%
Edisto Island3137-16.2%$447,000$399,00012%
Mount Pleasant2,1212,213-4.2%$435,000$427,0001.9%
Whitehall Terrace8714.3%$423,500$449,000-5.7%
Seabrook Island2542396.3%$415,153$385,0007.8%
Riverland Terrace1321-38.1%$410,000$390,0005.1%
Hollywood5195-46.3%$399,000$340,00017.4%
Ashley Forest1622-27.3%$391,250$387,5001%
Ravenel1922-13.6%$386,000$319,00021%

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