The third quarter of 2021: Home prices in Edisto Island fell

The third quarter of 2021: Home prices in Edisto Island fell
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The median sale price of a home sold in the third quarter of 2021 in Edisto Island fell by $21,000 while total sales remained unchanged with nine homes sold, according to BlockShopper.com.

From July through September of 2021, there were nine homes sold, with a median sale price of $459,000 – a 4.4% decrease over the $480,000 median sale price for the same period of the previous year. There were nine homes sold in Edisto Island in the third quarter of 2020, as well.

The median sales tax in Edisto Island for the most recent year with available data, 2019, was $1,789, approximately 0.4% of the median home sale price for the third quarter of 2021.

The following table compares Edisto Island to other Charleston County cities with similar median sale prices in the third quarter of 2021:

City July – Sept. 2021 Home Sales July – Sept. 2020 Home Sales % change (Total Home Sales) July – Sept. 2021 Median Sales Price July – Sept. 2020 Median Sales Price % change (Median Sales Price)
Mount Pleasant 453 724 -37.4% $528,000 $441,500 19.6%
Laurel Park 3 3 0% $526,000 $360,000 46.1%
Riverland Terrace 3 3 0% $510,000 $310,000 64.5%
Green Acres 1 3 -66.7% $510,000 $540,000 -5.6%
North Pine Point 2 1 100% $490,000 $250,000 96%
Edisto Island 9 9 0% $459,000 $480,000 -4.4%
Ashley Forest 3 3 0% $450,000 $362,000 24.3%
Landsdowne 1 3 -66.7% $430,000 $409,000 5.1%
James Island 52 81 -35.8% $419,950 $355,000 18.3%
Hollywood 16 19 -15.8% $400,000 $410,000 -2.4%
Cedar Springs 5 2 150% $389,000 $309,000 25.9%


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