Property prices for sale in Central (South Carolina)
The prices in real estate in Central, 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 Central has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $5,028. In the following month the price per sq.feet decreased considerably to $188. The price for the following two months in (May, June) had a considerable decrease of 7 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 13 % 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 $1,398.25 to $182 during July, and August.
Based upon to the price in Central (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $413,112. In April This price remains at $421,281. During the following two months (May, June) the price has had an average incrementation from $417,196.5 to $445,360. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $431,278.25 to $386,327 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the most costly ones. At a price of $376,080 they are 1 % more expensive than the average price for Central. Following this ranking we find those properties with 2 at an average price of $381,495. The properties with the highest average price have 1 bedroom, Their price is 2 % more costly than the average. After that we have properties with 2 bedrooms priced at $381,495.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $42 / sq.feet, with an average $180 / sq.feet price in Central. The properties with the lowest average prices have 1 bedroom. They are 69 % cheaper than the average followed by properties with 2 bedrooms with a price at $47 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $376,080 it is 1 % cheaper than the average price in Central. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $377,692 it is 1 % 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 $26 / sq.feet followed by "Townhouse" priced at $30 / sq.feet. "House" is the cheapest type of property with a $42 / sq.feet value followed by "Apartment" with an average price of $37 / sq.feet.
