The median sale price of a home sold in December 2017 in Sullivan’s Island rose by $500,000 while total sales remained unchanged with three homes sold, according to BlockShopper.com.
In December 2017, there were three homes sold, with a median sale price of $2,100,000 – a 31.3% increase over the $1,600,000 median sale price for the same period of the previous year. There were three homes sold in Sullivan’s Island in December 2016, as well.
The median sales tax in Sullivan’s Island for the most recent year with available data, 2015, was $7,193, approximately 0.3% of the median home sale price for December 2017.
The following table compares Sullivan’s Island to other Charleston County cities with similar median sales prices in December 2017:
| City | Dec. 2017 Home Sales | Dec. 2016 Home Sales | % change (Total Home Sales) | Dec. 2017 Median Sales Price | Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Sullivan’s Island | 3 | 3 | 0% | $2,100,000 | $1,600,000 | 31.3% |
| Isle of Palms | 19 | 13 | 46.2% | $775,000 | $660,000 | 17.4% |
| Folly Beach | 7 | 10 | -30% | $770,000 | $540,000 | 42.6% |
| Edisto Island | 2 | 3 | -33.3% | $672,500 | $474,000 | 41.9% |
| Kiawah Island | 15 | 20 | -25% | $625,000 | $698,500 | -10.5% |
| Riverland Terrace | 1 | 2 | -50% | $583,000 | $290,000 | 101% |
| Meggett | 1 | 1 | 0% | $527,564 | $339,000 | 55.6% |
| Mount Pleasant | 106 | 146 | -27.4% | $430,375 | $363,750 | 18.3% |
| Edgewater Park | 2 | 0 | – | $422,500 | $0 | – |
| Hollywood | 1 | 5 | -80% | $415,000 | $674,850 | -38.5% |
| Adams Run | 1 | 5 | -80% | $308,000 | $155,000 | 98.7% |
