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Charleston Reporter

Saturday, November 23, 2024

Summerville home prices rise in November 2018

Realestate4

The median sale price of a home sold in November 2018 in Summerville rose by $43,250 while total sales increased by 100%, according to BlockShopper.com.

In November 2018, there were four homes sold, with a median sale price of $204,750 - a 26.8% increase over the $161,500 median sale price for the same period of the previous year. There were two homes sold in Summerville in November 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 November 2018.

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

CityNov. 2018 Home SalesNov. 2017 Home Sales% change (Total Home Sales)Nov. 2018 Median Sales PriceNov. 2017 Median Sales Price% change (Median Sales Price)
Drayton12-50%$265,000$316,000-16.1%
Charleston16913921.6%$259,000$275,000-5.8%
Laurel Park10-$250,000$0-
Fenwick Hills10-$248,900$0-
Lincolnville21100%$210,000$176,50019%
Summerville42100%$204,750$161,50026.8%
Ponderosa12-50%$166,700$251,000-33.6%
Ladson34-25%$150,000$150,0000%
North Charleston966841.2%$127,500$134,892.50-5.5%
Adams Run110%$90,000$56,70058.7%
Ravenel110%$24,500$424,000-94.2%

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