The rent prices in real estate in Sullivans Island, in the South Carolina region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Sullivans Island has risen during the last 6 months. In October, the average price per sq.feet was $4.32. In November this price barely changed remaining at $4.26 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $4.29 to $4.27 per sq.feet. The price per sq.feet has had a considerable rise of 124 % 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 $4.28 to $5.3 during February, and March.
When referring to the price in Sullivans Island (cities), this has risen considerably in the last 6 months. In our first sample month during October, the average price is $10,950. In November This price remains at $11,180. During the following two months (December, January) the average price had a considerable rise of 116 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 150 % during the last two months.
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 $21,000 they are 90 % more affordable than the average price for Sullivans Island . The properties with the lowest average price have 2 bedrooms, Their price is 75 % more affordable than the average. After that we have properties with 1 bedroom priced at $2,167.
According to average price per property type in Sullivans Island, "" priced at $5,221 is 75 % lower than the average price ($21,000) in this city.