The prices in real estate in Beaufort, in the South Carolina region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Beaufort has increased strongly during the last 6 months. In February, the average price per sq.feet was $184. In the following month the price per sq.feet increased considerably to $1,129. The price for the following two months in (April, May) had a considerable increment of 404 %. The price per sq.feet has had a considerable deflation of 76 % 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 $1,655.75 to $1,259 during June, and July.
Based upon to the price in Beaufort (cities), this has gone downing the last 6 months. The average price for February is $375,677. During March the price had a considerable reduction till $305,519. During the following two months (April, May) the average price fell 91 % 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 risen strongly 126 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $214,590 they are 20 % more expensive than the average price for Beaufort. Following this ranking we find those properties with 1 at an average price of $270,062. The properties with the highest average price have 4 bedrooms, Their price is 95 % more costly than the average. After that we have properties with 3 bedrooms priced at $304,608.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $162 / sq.feet, with an average $504 / sq.feet price in Beaufort. The properties with the lowest average prices have 1 bedroom. They are 48 % cheaper than the average followed by properties with 2 bedrooms with a price at $186 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $214,590 it is 12 % cheaper than the average price in Beaufort. "Apartment" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Farm". At a price of $391,619 it is 254 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $114 / sq.feet followed by "Apartment" priced at $151 / sq.feet. "Commercial" is the most costly type of property with a $3,409 / sq.feet cost followed by "Farm" with an average price of $178 / sq.feet.