The median sale price of a home sold in the first quarter of 2018 in Summerville rose by $20,000 while total sales decreased by 12.5%, according to BlockShopper.com.
From January through March of 2018, there were 14 homes sold, with a median sale price of $192,500 – a 11.6% increase over the $172,500 median sale price for the same period of the previous year. There were 16 homes sold in Summerville in the first quarter of 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 the first quarter of 2018.
The following table compares Summerville to other Charleston County cities with similar median sales prices in the first quarter of 2018:
| City | Jan. – Mar. 2018 Home Sales | Jan. – Mar. 2017 Home Sales | % change (Total Home Sales) | Jan. – Mar. 2018 Median Sales Price | Jan. – Mar. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Ponderosa | 3 | 7 | -57.1% | $219,000 | $116,000 | 88.8% |
| Church Creek | 2 | 2 | 0% | $210,000 | $192,500 | 9.1% |
| Awendaw | 4 | 2 | 100% | $200,800 | $347,000 | -42.1% |
| Edgewater Park | 1 | 0 | – | $200,000 | $0 | – |
| Landsdowne | 2 | 4 | -50% | $197,500 | $242,500 | -18.6% |
| Summerville | 14 | 16 | -12.5% | $192,500 | $172,500 | 11.6% |
| Chesterfield | 1 | 2 | -50% | $190,000 | $287,500 | -33.9% |
| Ravenel | 5 | 4 | 25% | $140,000 | $160,000 | -12.5% |
| North Charleston | 190 | 217 | -12.4% | $139,450 | $126,900 | 9.9% |
| Adams Run | 6 | 7 | -14.3% | $128,232 | $86,000 | 49.1% |
| Ladson | 4 | 11 | -63.6% | $120,250 | $93,000 | 29.3% |
