The prices in real estate in Bluffton, 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 Bluffton has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $1,406. In the following month the price per sq.feet decreased considerably to $244. The price for the following two months in (July, August) had a considerable decrease of 28 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 34 % 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 $528.75 to $179 during September, and October.
Based upon to the price in Bluffton (cities), this has gone up considerably in the last 6 months. The price in May is $343,125, rising in June till $380,310. During the following two months (July, August) the average price had a considerable increase of 121 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $400,319.25 and $415,750.5 between September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $405,234 they are 75 % more affordable than the average price for Bluffton. The properties with the highest average price have 4 bedrooms, Their price is 34 % more costly than the average. After that we have properties with 3 bedrooms priced at $382,677.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $140 / sq.feet, with an average $177 / sq.feet price in Bluffton. The properties with the highest average prices have 2 bedrooms. They are 23 % more expensive than the average followed by properties with 4 bedrooms with a price at $187 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $405,234 it is 59 % cheaper than the average price in Bluffton. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Office" followed by "House". At a price of $365,970 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $145 / sq.feet followed by "Office" priced at $173 / sq.feet. "Farm" is the most costly type of property with a $3,001 / sq.feet cost followed by "Commercial" with an average price of $1,319 / sq.feet.