The prices in real estate in Charleston, in the South Carolina region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Charleston has remained the same in the last 6 months. In January, the average price per sq.feet was $360. In February this price pretty much remained the same at a value of $350 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $355 to $365 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 $360 to $329.5 during May, and June.
Based upon to the price in Charleston (cities), this has fallen considerably in the last 6 months. The average price for January is $909,527. During February the price had a considerable reduction till $766,346. During the following two months (March, April) the average price fell 92 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $802,354.25 to $615,473, which means a 77 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $664,417 they are 40 % more affordable than the average price for Charleston. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $474,668.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $264 / sq.feet, with an average $339 / sq.feet price in Charleston. The properties with the highest average prices have 1 bedroom. They are 38 % more expensive than the average followed by properties with 2 bedrooms with a price at $369 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $664,417 it is 40 % cheaper than the average price in Charleston. "Villa" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $454,591 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $169 / sq.feet followed by "Villa" priced at $185 / sq.feet. "Condo" is the most costly type of property with a $380 / sq.feet cost followed by "House" with an average price of $314 / sq.feet.