The prices in real estate in Central, 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 Central has increased strongly during the last 6 months. In November, the average price per sq.feet was $231. In the following month the price per sq.feet increased considerably to $764. The price for the following two months in (January, February) had a considerable increment of 291 %. The price per sq.feet has had a considerable increase of 268 % 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 $971.5 to $2,608 during March, and April.
Based upon to the price in Central (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $412,424. In December This price remains at $415,784. In the following two months the average price has remained the same with regard to the previous two months from $414,104 to $410,408.5. 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 $412,256.25 and $417,196.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $421,281 they are 10 % more affordable than the average price for Central. The properties with the lowest average price have 1 bedroom, Their price is 8 % cheaper than the average. After that we have properties with 2 bedrooms priced at $383,027.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $46 / sq.feet, with an average $188 / sq.feet price in Central. The properties with the lowest average prices have 1 bedroom. They are 68 % cheaper than the average followed by properties with 2 bedrooms with a price at $51 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $421,281 it is 11 % cheaper than the average price in Central. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $379,209 it is 10 % 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 $30 / sq.feet followed by "Townhouse" priced at $34 / sq.feet. "House" is the cheapest type of property with a $46 / sq.feet value followed by "Apartment" with an average price of $41 / sq.feet.