The prices in real estate in Bluffton, 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 Bluffton has increased strongly during the last 6 months. In October, the average price per sq.feet was $298. In the following month the price per sq.feet increased considerably to $850. The price for the following two months in (December, January) had a considerable decrease of 58 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 77 % 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 $452.5 to $349 during February, and March.
Based upon to the price in Bluffton (cities), this has gone up in the last 6 months. The price in October is $669,626, rising in November till $757,066. During the following two months (December, January) the price has had an average incrementation from $713,346 to $786,440. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $749,893 to $646,210.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $676,503 they are 66 % more affordable than the average price for Bluffton. The properties with the highest average price have 4 bedrooms, Their price is 52 % more costly than the average. After that we have properties with 3 bedrooms priced at $569,729.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $263 / sq.feet, with an average $384 / sq.feet price in Bluffton. The properties with the highest average prices have 4 bedrooms. They are 315 % more expensive than the average followed by properties with 2 bedrooms with a price at $284 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $676,503 it is 58 % cheaper than the average price in Bluffton. "Farm" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $743,931 it is 110 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $227 / sq.feet followed by "Condo" priced at $269 / sq.feet. "Land" is the most costly type of property with a $311,653 / sq.feet cost followed by "Farm" with an average price of $2,841 / sq.feet.