The prices in real estate in Holly Hill, 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 Holly Hill has increased strongly during the last 6 months. In July, the average price per sq.feet was $173. In the following month the price per sq.feet increased considerably to $776. The price for the following two months in (September, October) had a considerable decrease of 34 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 50 % 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 $317.5 to $157.5 during November, and December.
Based upon to the price in Holly Hill (cities), this has gone up in the last 6 months. The average price during our first sample month during July, is $393,700. During August the price went through a considerable rise reaching $1,120,019. During the following two months (September, October) the average price had a considerable reduction of 37 % 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 $520,193.25 to $256,598, which means a 49 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $250,489 they are 47 % more affordable than the average price for Holly Hill. The properties with the highest average price have 3 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 4 bedrooms priced at $292,748.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $136 / sq.feet, with an average $158 / sq.feet price in Holly Hill. The properties with the highest average prices have 3 bedrooms. They are 4 % more expensive than the average followed by properties with 2 bedrooms with a price at $158 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $250,489 it is 21 % cheaper than the average price in Holly Hill. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Land". At a price of $285,913 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $30 / sq.feet followed by "Townhouse" priced at $98 / sq.feet. "Condo" is the most costly type of property with a $173 / sq.feet cost followed by "House" with an average price of $146 / sq.feet.