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Thursday, November 28, 2024

How did home prices perform in Meggett during the third quarter of 2021?

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The median sale price of a home sold in the third quarter of 2021 in Meggett rose by $260,000 while total sales decreased by 22.2%, according to BlockShopper.com.

From July through September of 2021, there were seven homes sold, with a median sale price of $750,000 - a 53.1% increase over the $490,000 median sale price for the same period of the previous year. There were nine homes sold in Meggett in the third quarter of 2020.

The median sales tax in Meggett for the most recent year with available data, 2019, was $1,922, approximately 0.3% of the median home sale price for the third quarter of 2021.

The following table compares Meggett 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)
Isle of Palms45115-60.9%$862,000$780,00010.5%
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%

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