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 October, the average price per sq.feet was $3.73. In the following month the price per sq.feet rose considerably to $4.83. The price for the following two months in (December, January) had a considerable fall of 74 with regard to the previous two months. The price per sq.feet has had a considerable fall of 55 % 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 $3.73 to $2.05 during February, and March.
When referring to the price in Seneca (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $5,243. In November This price remains at $5,131. During the following two months (December, January) the average price had a considerable fall of 37 % 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 $3,558.75 to $1,937.5, which means a 54 % 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 $2,218 they are 52 % more affordable than the average price for Seneca . The properties with the highest average price have 4 bedrooms, Their price is 14 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,904.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $1 / sq.feet, with an average $2.15 / sq.feet price in Seneca. The properties with the most expensive average prices have 4 bedrooms. They are 54505 % more expensive than the average followed by properties with 1 bedroom with a price at $1 / sq.feet.
According to average price per property type in Seneca, "" priced at $1,893 is 15 % lower than the average price ($2,218) in this city.