The rent prices in real estate in Greenville, in the South Carolina region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Greenville has had a strong fall during the last 6 months. In September, the average price per sq.feet was $1.83. In the following month the price per sq.feet fell to $1.73. The price for the following two months in (November, December) had a considerable fall of 83 with regard to the previous two months. The price per sq.feet has had a considerable fall of 78 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $1.63 to $1.27 during January, and February.
When referring to the price in Greenville (cities), this has fallen considerably in the last 6 months. In our first sample month during September, the average price is $1,938. In October This price remains at $1,859. During the following two months (November, December) the average price fell 86 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $1,766.25 to $1,405, which means a 80 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,489 they are 3 % more affordable than the average price for Greenville . The properties with the highest average price have 4 bedrooms, Their price is 35 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,682.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.06 / sq.feet, with an average $1.43 / sq.feet price in Greenville. The properties with the most expensive average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.6 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,489 it is 25 % more affordable than the average price in Greenville. "House" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "Commercial". At a price of $1,842 it is 29 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $0.94 / sq.feet followed by "Commercial" priced at $1.42 / sq.feet. "Condo" is the most expensive type of property with a $1.98 / sq.feet value followed by "Land" with an average price of $1.96 / sq.feet.