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Thursday, November 28, 2024

What happened to the median home price in Laurel Park during the third quarter of 2021?

Realestate1

The median sale price of a home sold in the third quarter of 2021 in Laurel Park rose by $166,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.

From July through September of 2021, there were three homes sold, with a median sale price of $526,000 - a 46.1% increase over the $360,000 median sale price for the same period of the previous year. There were three homes sold in Laurel Park in the third quarter of 2020, as well.

The median sales tax in Laurel Park for the most recent year with available data, 2019, was $1,656, approximately 0.3% of the median home sale price for the third quarter of 2021.

The following table compares Laurel Park 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)
Edgewater Park110%$580,000$595,000-2.5%
Seabrook Island47108-56.5%$577,000$396,75045.4%
Awendaw31200%$570,000$40,0001325%
Sullivan's Island23-33.3%$562,500$2,300,000-75.5%
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%

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