Edisto Island home prices rise in the first half of 2020

Medium realestate3

The median sale price of a home sold in the first half of 2020 in Edisto Island rose by $12,500 while total sales decreased by 63%, according to BlockShopper.com.

From January through June of 2020, there were 10 homes sold, with a median sale price of $402,500 - a 3.2% increase over the $390,000 median sale price for the same period of the previous year. There were 27 homes sold in Edisto Island in the first half of 2019.

The median sales tax in Edisto Island for the most recent year with available data, 2019, was $1,789, approximately 0.4% of the median home sale price for the first half of 2020.

The following table compares Edisto Island 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)
Secessionville Acres25-60%$470,000$312,00050.6%
Ashley Forest817-52.9%$454,000$390,00016.4%
Mount Pleasant9061,250-27.5%$422,750$435,000-2.8%
Whitehall Terrace4333.3%$420,000$424,000-0.9%
Edisto Island1027-63%$402,500$390,0003.2%
Riverland Terrace713-46.2%$400,000$460,000-13%
Capri Isles9812.5%$380,000$263,75044.1%
Seabrook Island87143-39.2%$375,000$463,000-19%

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