Property prices for sale in Edisto Island (South Carolina)
The prices in real estate in Edisto Island, 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 Edisto Island has increased strongly during the last 6 months. In October, the average price per sq.feet was $4,756. In the following month the price per sq.feet decreased considerably to $555. In the following two months the price per sq.feet has increased 112 %, going from $2,655.5 to $2,974.5 per sq.feet. The price per sq.feet has had a considerable increase of 616 % 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 $2,815 to $17,336 during February, and March.
Based upon to the price in Edisto Island (cities), this has gone downing the last 6 months. The price in October is $949,508, rising in November till $1,034,472. During the following two months (December, January) the average price had a considerable reduction of 81 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $899,487 to $785,401 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 $708,213 they are 50 % more affordable than the average price for Edisto Island. The properties with the highest average price have 4 bedrooms, Their price is 56 % more costly than the average. After that we have properties with 2 bedrooms priced at $744,843.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $334 / sq.feet, with an average $24,666 / sq.feet price in Edisto Island. The properties with the lowest average prices have 2 bedrooms. They are 96 % cheaper than the average followed by properties with 4 bedrooms with a price at $630 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $708,213 it is 70 % cheaper than the average price in Edisto Island. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $377,800 it is 46 % 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 $469 / sq.feet followed by "House" priced at $582 / sq.feet. "Land" is the most costly type of property with a $151,740 / sq.feet cost followed by "House" with an average price of $582 / sq.feet.
