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Charleston Reporter

Wednesday, November 27, 2024

James Island home prices rise in the third quarter of 2018

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The median sale price of a home sold in the third quarter of 2018 in James Island rose by $24,875 while total sales increased by 14.3%, according to BlockShopper.com.

From July through September of 2018, there were 40 homes sold, with a median sale price of $308,875 - a 8.8% increase over the $284,000 median sale price for the same period of the previous year. There were 35 homes sold in James Island in the third quarter of 2017.

The median sales tax in James Island for the most recent year with available data, 2015, was $1,253, approximately 0.4% of the median home sale price for the third quarter of 2018.

The following table compares James Island to other Charleston County cities with similar median sales prices in the third quarter of 2018:

CityJuly - Sept. 2018 Home SalesJuly - Sept. 2017 Home Sales% change (Total Home Sales)July - Sept. 2018 Median Sales PriceJuly - Sept. 2017 Median Sales Price% change (Median Sales Price)
Whitehall Terrace21100%$397,450$355,00012%
Riverland Terrace63100%$363,500$349,9003.9%
Laurel Park13-66.7%$344,600$280,00023.1%
Edisto Island78-12.5%$339,000$248,00036.7%
Chesterfield31200%$324,770$255,00027.4%
James Island403514.3%$308,875$284,0008.8%
Charleston499556-10.3%$300,000$275,0009.1%
Awendaw23-33.3%$300,000$310,000-3.2%
Ashley Forest13-66.7%$296,000$395,000-25.1%
Meggett14-75%$295,000$520,750-43.4%
Long Branch Estates20-$287,500$0-

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