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Wednesday, November 6, 2024

How did home prices perform in Laurel Park during the second quarter of 2021?

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The median sale price of a home sold in the second quarter of 2021 in Laurel Park rose by $65,125 while total sales increased by 33.3%, according to BlockShopper.com.

From April through June of 2021, there were four homes sold, with a median sale price of $428,125 - a 17.9% increase over the $363,000 median sale price for the same period of the previous year. There were three homes sold in Laurel Park in the second quarter of 2020.

The median sales tax in Laurel Park for the most recent year with available data, 2019, was $1,656, approximately 0.4% of the median home sale price for the second quarter of 2021.

The following table compares Laurel Park to other Charleston County cities with similar median sale prices in the second quarter of 2021:

CityApr. - June 2021 Home SalesApr. - June 2020 Home Sales% change (Total Home Sales)Apr. - June 2021 Median Sales PriceApr. - June 2020 Median Sales Price% change (Median Sales Price)
Edisto Island9580%$550,000$405,00035.8%
Mount Pleasant57551511.7%$524,500$431,00021.7%
Landsdowne12-50%$456,000$284,00060.6%
Whitehall Terrace42100%$452,500$277,50063.1%
Drayton37-57.1%$440,000$315,00039.7%
Laurel Park4333.3%$428,125$363,00017.9%
McClellanville8633.3%$422,750$329,50028.3%
Riverland Terrace91800%$420,000$550,000-23.6%
Chesterfield50-$410,000$0-
Ashley Forest14-75%$405,000$418,000-3.1%
Hollywood1213-7.7%$404,750$193,900108.7%

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