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Charleston Reporter

Tuesday, November 26, 2024

James Island home prices rise in November 2020

Re 10

The median sale price of a home sold in November 2020 in James Island rose by $55,050 while total sales increased by 37.5%, according to BlockShopper.com.

In November 2020, there were 11 homes sold, with a median sale price of $347,500 - a 18.8% increase over the $292,450 median sale price for the same period of the previous year. There were eight homes sold in James Island in November 2019.

The median sales tax in James Island for the most recent year with available data, 2019, was $1,291, approximately 0.4% of the median home sale price for November 2020.

The following table compares James Island to other Charleston County cities with similar median sales prices in November 2020:

CityNov. 2020 Home SalesNov. 2019 Home Sales% change (Total Home Sales)Nov. 2020 Median Sales PriceNov. 2019 Median Sales Price% change (Median Sales Price)
Ashley Forest10-$396,500$0-
Chesterfield110%$385,000$270,00042.6%
Hollywood15-80%$370,000$435,000-14.9%
Laurel Park20-$366,250$0-
Edisto Island21100%$360,000$522,900-31.2%
James Island11837.5%$347,500$292,45018.8%
Charleston152187-18.7%$330,000$265,00024.5%
Long Branch Estates13-66.7%$250,000$170,00047.1%
Ponderosa110%$250,000$200,00025%
Melrose110%$247,500$148,00067.2%
Seabrook Island13128.3%$246,500$310,000-20.5%

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