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Tuesday, September 24, 2024

Median home prices in Seabrook Island rose to $577,000 in the third quarter of 2021

Realestate5

The median sale price of a home sold in the third quarter of 2021 in Seabrook Island rose by $180,250 while total sales decreased by 56.5%, according to BlockShopper.com.

From July through September of 2021, there were 47 homes sold, with a median sale price of $577,000 - a 45.4% increase over the $396,750 median sale price for the same period of the previous year. There were 108 homes sold in Seabrook Island in the third quarter of 2020.

The median sales tax in Seabrook Island for the most recent year with available data, 2019, was $3,566, approximately 0.6% of the median home sale price for the third quarter of 2021.

The following table compares Seabrook 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)
Kiawah Island41101-59.4%$775,000$625,00024%
Meggett79-22.2%$750,000$490,00053.1%
Folly Beach1848-62.5%$718,000$651,50010.2%
Ravenel79-22.2%$585,000$386,75051.3%
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%

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