The prices in real estate in Boiling Springs, in the South Carolina region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Boiling Springs has fallen in the last 6 months. In January, the average price per sq.feet was $110. In February this price pretty much remained the same at a value of $110 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $110 to $106.5 per sq.feet. The price per sq.feet has decreased 92 % 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 $108.25 to $99.5 during May, and June.
Based upon to the price in Boiling Springs (cities), these have remained the same in the last 6 months. In our first sample month during January, the average price is $216,811. In February This price remains at $216,655. In the following two months the average price has remained the same with regard to the previous two months from $216,733 to $213,582. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $215,157.5 to $203,899 in May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $215,319 they are 7 % more affordable than the average price for Boiling Springs. The properties with the highest average price have 2 bedrooms, Their price is 8 % more costly than the average. After that we have properties with 4 bedrooms priced at $225,272.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $86 / sq.feet, with an average $97 / sq.feet price in Boiling Springs. The properties with the highest average prices have 2 bedrooms. They are 16 % more expensive than the average followed by properties with 3 bedrooms with a price at $102 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $215,319 it is 2 % cheaper than the average price in Boiling Springs. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Condo". At a price of $212,696 it is 2 % 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 $79 / sq.feet followed by "House" priced at $87 / sq.feet. "Commercial" is the cheapest type of property with a $94 / sq.feet value followed by "House" with an average price of $87 / sq.feet.