The median sale price of a home sold in September 2017 in Sullivan’s Island fell by $206,250 while total sales increased by 16.7%, according to BlockShopper.com.
In September 2017, there were seven homes sold, with a median sale price of $960,000 – a 17.7% decrease over the $1,166,250 median sale price for the same period of the previous year. There were six homes sold in Sullivan’s Island in September 2016.
The median sales tax in Sullivan’s Island for the most recent year with available data, 2015, was $7,193, approximately 0.7% of the median home sale price for September 2017.
The following table compares Sullivan’s Island to other Charleston County cities with similar median sales prices in September 2017:
| City | Sept. 2017 Home Sales | Sept. 2016 Home Sales | % change (Total Home Sales) | Sept. 2017 Median Sales Price | Sept. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan’s Island | 7 | 6 | 16.7% | $960,000 | $1,166,250 | -17.7% |
| Hollywood | 3 | 4 | -25% | $862,000 | $30,000 | 2773.3% |
| Kiawah Island | 14 | 15 | -6.7% | $726,250 | $740,000 | -1.9% |
| Isle of Palms | 23 | 23 | 0% | $600,000 | $672,000 | -10.7% |
| Awendaw | 2 | 1 | 100% | $575,000 | $700,000 | -17.9% |
| Meggett | 2 | 2 | 0% | $568,250 | $131,649.50 | 331.6% |
| McClellanville | 1 | 5 | -80% | $470,000 | $23,000 | 1943.5% |
| Ashley Forest | 1 | 2 | -50% | $430,000 | $334,000 | 28.7% |
| Secessionville Acres | 1 | 1 | 0% | $430,000 | $189,000 | 127.5% |
| Folly Beach | 11 | 15 | -26.7% | $415,000 | $468,000 | -11.3% |
| Mount Pleasant | 144 | 187 | -23% | $400,000 | $375,000 | 6.7% |
