Property prices for sale in Fountain Inn (South Carolina)
The prices in real estate in Fountain Inn, 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 Fountain Inn has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $28,705. In the following month the price per sq.feet decreased considerably to $18,092. The price for the following two months in (December, January) had a considerable decrease of 2 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 2 % 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 $11,931 to $194 during February, and March.
Based upon to the price in Fountain Inn (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $361,941. In November This price remains at $359,793. In the following two months the average price has remained the same with regard to the previous two months from $360,867 to $348,958.5. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $395,559 they are 48 % more affordable than the average price for Fountain Inn. The properties with the lowest average price have 2 bedrooms, Their price is 35 % cheaper than the average. After that we have properties with 1 bedroom priced at $205,374.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $48 / sq.feet, with an average $206 / sq.feet price in Fountain Inn. The properties with the lowest average prices have 1 bedroom. They are 73 % cheaper than the average followed by properties with 2 bedrooms with a price at $48 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $395,559 it is 43 % cheaper than the average price in Fountain Inn. "Duplex" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $226,426 it is 35 % 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 $39 / sq.feet followed by "Duplex" priced at $45 / sq.feet. "House" is the cheapest type of property with a $48 / sq.feet value followed by "Duplex" with an average price of $45 / sq.feet.
