The prices in real estate in Hilton Head Island, in the South Carolina region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Hilton Head Island has increased during the last 6 months. In April, the average price per sq.feet was $286. In the following month the price per sq.feet increased to $311. In the following two months the price per sq.feet has increased 109 %, going from $298.5 to $324 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $311.25 to $299.5 during August y September
Based upon to the price in Hilton Head Island (cities), this has gone up considerably in the last 6 months. In our first sample month during April, the average price is $466,192. In May This price remains at $464,961. During the following two months (June, July) the price has had an average incrementation from $465,576.5 to $498,543.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 140 % 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 $642,172 they are 65 % more affordable than the average price for Hilton Head Island. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $563,465.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $262 / sq.feet, with an average $281 / sq.feet price in Hilton Head Island. The properties with the highest average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $290 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $642,172 it is 41 % cheaper than the average price in Hilton Head Island. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Villa". At a price of $470,225 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $209 / sq.feet followed by "Villa" priced at $245 / sq.feet. "House" is the most costly type of property with a $994 / sq.feet cost followed by "Condo" with an average price of $315 / sq.feet.