Summerville home prices rise in July 2018

Summerville home prices rise in July 2018
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The median sale price of a home sold in July 2018 in Summerville rose by $26,050 while total sales increased by 25%, according to BlockShopper.com.

In July 2018, there were five homes sold, with a median sale price of $220,000 – a 13.4% increase over the $193,950 median sale price for the same period of the previous year. There were four homes sold in Summerville in July 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 July 2018.

The following table compares Summerville to other Charleston County cities with similar median sales prices in July 2018:

City July 2018 Home Sales July 2017 Home Sales % change (Total Home Sales) July 2018 Median Sales Price July 2017 Median Sales Price % change (Median Sales Price)
Drayton 1 0 $265,000 $0
Fenwick Hills 1 1 0% $242,000 $225,000 7.6%
Melrose 2 0 $237,500 $0
Church Creek 2 1 100% $228,700 $180,775 26.5%
Plantation Estates 1 1 0% $220,000 $120,000 83.3%
Summerville 5 4 25% $220,000 $193,950 13.4%
Ponderosa 2 1 100% $191,000 $213,000 -10.3%
Pierpont 3 0 $155,000 $0
North Charleston 72 72 0% $152,500 $160,500 -5%
Ladson 1 5 -80% $145,000 $134,000 8.2%
Adams Run 2 1 100% $91,250 $74,000 23.3%


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