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Wednesday, November 6, 2024

Ponderosa home prices rose in the first half of 2021

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The median sale price of a home sold in the first half of 2021 in Ponderosa rose by $17,000 while total sales decreased by 9.1%, according to BlockShopper.com.

From January through June of 2021, there were 10 homes sold, with a median sale price of $247,000 - a 7.4% increase over the $230,000 median sale price for the same period of the previous year. There were 11 homes sold in Ponderosa in the first half of 2020.

The median sales tax in Ponderosa for the most recent year with available data, 2019, was $833, approximately 0.3% of the median home sale price for the first half of 2021.

The following table compares Ponderosa to other Charleston County cities with similar median sale prices in the first half of 2021:

CityJan. - June 2021 Home SalesJan. - June 2020 Home Sales% change (Total Home Sales)Jan. - June 2021 Median Sales PriceJan. - June 2020 Median Sales Price% change (Median Sales Price)
Pierpont26-66.7%$297,500$207,50043.4%
Forest Lakes31200%$292,500$270,0008.3%
Melrose73133.3%$273,500$140,00095.4%
Summerville463243.8%$261,495$225,50016%
North Pine Point5425%$260,333$251,0003.7%
Ponderosa1011-9.1%$247,000$230,0007.4%
Adams Run14140%$245,000$268,500-8.8%
Castlewood3250%$229,555$278,750-17.6%
North Charleston64954718.6%$201,000$162,00024.1%
Ladson37362.8%$198,000$154,50028.2%
Long Branch Estates28-75%$195,000$276,500-29.5%

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