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Charleston Reporter

Saturday, November 23, 2024

Charleston home prices rise in September 2018

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The median sale price of a home sold in September 2018 in Charleston rose by $29,000 while total sales decreased by 20.9%, according to BlockShopper.com.

In September 2018, there were 144 homes sold, with a median sale price of $285,000 - a 11.3% increase over the $256,000 median sale price for the same period of the previous year. There were 182 homes sold in Charleston in September 2017.

The median sales tax in Charleston for the most recent year with available data, 2015, was $1,430, approximately 0.5% of the median home sale price for September 2018.

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

CitySept. 2018 Home SalesSept. 2017 Home Sales% change (Total Home Sales)Sept. 2018 Median Sales PriceSept. 2017 Median Sales Price% change (Median Sales Price)
Drayton12-50%$350,000$224,25056.1%
Hollywood4333.3%$345,000$862,000-60%
Laurel Park110%$344,600$280,00023.1%
James Island1114-21.4%$308,000$225,00036.9%
Ashley Forest110%$296,000$430,000-31.2%
Charleston144182-20.9%$285,000$256,00011.3%
Long Branch Estates10-$265,000$0-
Awendaw12-50%$250,000$575,000-56.5%
North Charleston5399-46.5%$166,257$125,00033%
Adams Run110%$146,459$120,00022%
Ponderosa20-$135,000$0-

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