The rent prices in real estate in Seneca, 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 Seneca has had a strong fall during the last 6 months. In July, the average price per sq.feet was $5.58. In the following month the price per sq.feet fell considerably to $0.81. The price for the following two months in (September, October) had a considerable fall of 26 with regard to the previous two months. The price per sq.feet has had a considerable fall of 49 % 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 $2.01 to $0.98 during November, and December.
When referring to the price in Seneca (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $1,031. In August This price remains at $985. During the following two months (September, October) the price has had an average rise from $1,008 to $1,158.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 85 %, going from $1,083.25 to $925.5 in November and December.
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 $938 they are 48 % more affordable than the average price for Seneca . The properties with the highest average price have 4 bedrooms, Their price is 74 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,102.
With regard to the average prices per sq.feet those properties with 1 bedroom are 18 % more expensive than the average price of ($1.11 / sq.feet) in Seneca. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 18 % more expensive than the average value aforementioned.
According to average price per property type in Seneca, "" priced at $884 is 6 % lower than the average price ($938) in this city.