Long Branch Estates home prices fall in the first half of 2020

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The median sale price of a home sold in the first half of 2020 in Long Branch Estates fell by $3,500 while total sales increased by 16.7%, according to BlockShopper.com.

From January through June of 2020, there were seven homes sold, with a median sale price of $258,000 - a 1.3% decrease over the $261,500 median sale price for the same period of the previous year. There were six homes sold in Long Branch Estates in the first half of 2019.

The median sales tax in Long Branch Estates for the most recent year with available data, 2019, was $1,144, approximately 0.4% of the median home sale price for the first half of 2020.

The following table compares Long Branch Estates to other Charleston County cities with similar median sales prices in the first half of 2020:

CityJan. - June 2020 Home SalesJan. - June 2019 Home Sales% change (Total Home Sales)Jan. - June 2020 Median Sales PriceJan. - June 2019 Median Sales Price% change (Median Sales Price)
Green Acres4333.3%$274,950$150,00083.3%
Drayton1211100%$274,500$310,000-11.5%
Adams Run131118.2%$270,000$210,00028.6%
Forest Lakes15-80%$270,000$302,500-10.7%
Cedar Springs26-66.7%$266,950$291,250-8.3%
Long Branch Estates7616.7%$258,000$261,500-1.3%
Landsdowne39-66.7%$258,000$260,000-0.8%
North Pine Point46-33.3%$251,000$269,000-6.7%
Fenwick Hills49-55.6%$250,200$163,00053.5%
Ponderosa913-30.8%$250,000$180,00038.9%
Church Creek56-16.7%$235,000$147,00059.9%

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