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Wednesday, September 25, 2024

The third quarter of 2021: Home prices in Edisto Island fell

Realestate077

The median sale price of a home sold in the third quarter of 2021 in Edisto Island fell by $21,000 while total sales remained unchanged with nine homes sold, according to BlockShopper.com.

From July through September of 2021, there were nine homes sold, with a median sale price of $459,000 - a 4.4% decrease over the $480,000 median sale price for the same period of the previous year. There were nine homes sold in Edisto Island in the third quarter of 2020, as well.

The median sales tax in Edisto Island for the most recent year with available data, 2019, was $1,789, approximately 0.4% of the median home sale price for the third quarter of 2021.

The following table compares Edisto Island to other Charleston County cities with similar median sale prices in the third quarter of 2021:

CityJuly - Sept. 2021 Home SalesJuly - Sept. 2020 Home Sales% change (Total Home Sales)July - Sept. 2021 Median Sales PriceJuly - Sept. 2020 Median Sales Price% change (Median Sales Price)
Mount Pleasant453724-37.4%$528,000$441,50019.6%
Laurel Park330%$526,000$360,00046.1%
Riverland Terrace330%$510,000$310,00064.5%
Green Acres13-66.7%$510,000$540,000-5.6%
North Pine Point21100%$490,000$250,00096%
Edisto Island990%$459,000$480,000-4.4%
Ashley Forest330%$450,000$362,00024.3%
Landsdowne13-66.7%$430,000$409,0005.1%
James Island5281-35.8%$419,950$355,00018.3%
Hollywood1619-15.8%$400,000$410,000-2.4%
Cedar Springs52150%$389,000$309,00025.9%

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