Summerville home prices fall in April 2018
The median sale price of a home sold in April 2018 in Summerville fell by $7,500 while total sales increased by 200%, according to BlockShopper.com.
In April 2018, there were nine homes sold, with a median sale price of $220,000 - a 3.3% decrease over the $227,500 median sale price for the same period of the previous year. There were three homes sold in Summerville in April 2017.
The median sales tax in Summerville for the most recent year with available data, 2015, was $862, approximately 0.4% of the median home sale price for April 2018.
The following table compares Summerville to other Charleston County cities with similar median sales prices in April 2018:
| City | Apr. 2018 Home Sales | Apr. 2017 Home Sales | % change (Total Home Sales) | Apr. 2018 Median Sales Price | Apr. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hollywood | 3 | 1 | 200% | $269,000 | $131,500 | 104.6% |
| Drayton | 2 | 1 | 100% | $262,500 | $174,000 | 50.9% |
| Landsdowne | 2 | 0 | - | $232,636 | $0 | - |
| Plantation Estates | 3 | 1 | 200% | $232,000 | $198,000 | 17.2% |
| Ponderosa | 1 | 2 | -50% | $229,900 | $226,500 | 1.5% |
| Summerville | 9 | 3 | 200% | $220,000 | $227,500 | -3.3% |
| Ravenel | 3 | 1 | 200% | $179,000 | $395,000 | -54.7% |
| Ladson | 3 | 3 | 0% | $165,000 | $128,000 | 28.9% |
| Castlewood | 1 | 1 | 0% | $164,000 | $180,000 | -8.9% |
| Adams Run | 2 | 1 | 100% | $145,000 | $108,000 | 34.3% |
| North Charleston | 98 | 79 | 24.1% | $144,250 | $145,000 | -0.5% |