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Charleston Reporter

Saturday, November 23, 2024

Seabrook Island home prices rise in September 2018

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The median sale price of a home sold in September 2018 in Seabrook Island rose by $323,000 while total sales increased by 36.4%, according to BlockShopper.com.

In September 2018, there were 15 homes sold, with a median sale price of $723,000 - a 80.8% increase over the $400,000 median sale price for the same period of the previous year. There were 11 homes sold in Seabrook Island in September 2017.

The median sales tax in Seabrook Island for the most recent year with available data, 2015, was $3,204, approximately 0.4% of the median home sale price for September 2018.

The following table compares Seabrook Island 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)
Sullivan's Island27-71.4%$2,287,500$960,000138.3%
Edisto Island220%$1,037,500$202,500412.3%
Isle of Palms1423-39.1%$778,500$600,00029.8%
Seabrook Island151136.4%$723,000$400,00080.8%
Riverland Terrace110%$580,000$349,90065.8%
Kiawah Island214-85.7%$492,500$726,250-32.2%
Chesterfield20-$444,885$0-
Mount Pleasant95144-34%$427,000$400,0006.8%
Drayton12-50%$350,000$224,25056.1%
Hollywood4333.3%$345,000$862,000-60%
Laurel Park110%$344,600$280,00023.1%

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