The prices in real estate in Beaufort, in the South Carolina region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Beaufort has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $1,479. In the following month the price per sq.feet decreased to $1,261. The price for the following two months in (July, August) had a considerable decrease of 19 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 20 % 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 $816.25 to $163 during September, and October.
Based upon to the price in Beaufort (cities), these have remained the same in the last 6 months. The average price for May is $314,643. During June the price had a slight fall till $277,882. During the following two months (July, August) the price has had an average incrementation from $296,262.5 to $322,384.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $319,617 they are 20 % more affordable than the average price for Beaufort. The properties with the highest average price have 4 bedrooms, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at $305,831.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $166 / sq.feet, with an average $159 / sq.feet price in Beaufort. The properties with the highest average prices have 1 bedroom. They are 60 % more expensive than the average followed by properties with 2 bedrooms with a price at $190 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $319,617 it is 8 % cheaper than the average price in Beaufort. "Apartment" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Apartment". At a price of $395,166 it is 24 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $155 / sq.feet followed by "Apartment" priced at $187 / sq.feet. "Condo" is the most costly type of property with a $192 / sq.feet cost followed by "Apartment" with an average price of $187 / sq.feet.