Whitehall Terrace home prices fall in the second half of 2017

Whitehall Terrace home prices fall in the second half of 2017
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The median sale price of a home sold in the second half of 2017 in Whitehall Terrace fell by $64,950 while total sales decreased by 60%, according to BlockShopper.com.

From July through December of 2017, there were two homes sold, with a median sale price of $272,050 – a 19.3% decrease over the $337,000 median sale price for the same period of the previous year. There were five homes sold in Whitehall Terrace in the second half of 2016.

The median sales tax in Whitehall Terrace for the most recent year with available data, 2015, was $1,186, approximately 0.4% of the median home sale price for the second half of 2017.

The following table compares Whitehall Terrace to other Charleston County cities with similar median sales prices in the second half of 2017:

City July – Dec. 2017 Home Sales July – Dec. 2016 Home Sales % change (Total Home Sales) July – Dec. 2017 Median Sales Price July – Dec. 2016 Median Sales Price % change (Median Sales Price)
Awendaw 4 9 -55.6% $292,500 $350,000 -16.4%
Landsdowne 5 5 0% $289,000 $259,900 11.2%
James Island 65 116 -44% $289,000 $265,000 9.1%
Charleston 955 1,630 -41.4% $280,000 $265,000 5.7%
Laurel Park 4 8 -50% $277,500 $322,250 -13.9%
Whitehall Terrace 2 5 -60% $272,050 $337,000 -19.3%
Drayton 6 7 -14.3% $261,750 $237,000 10.4%
Secessionville Acres 4 5 -20% $260,450 $245,000 6.3%
Hollywood 21 25 -16% $260,000 $265,000 -1.9%
Chesterfield 1 2 -50% $255,000 $183,875 38.7%
Forest Lakes 5 1 400% $250,000 $205,000 22%


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