The prices in real estate in Huger, 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 Huger has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $454. In the following month the price per sq.feet decreased considerably to $244. The price for the following two months in (December, January) had a considerable decrease of 70 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 81 % 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 $297.25 to $242 during February, and March.
Based upon to the price in Huger (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $547,515. In November This price remains at $539,839. In the following two months the average price has remained the same with regard to the previous two months from $543,677 to $546,494.5. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $594,842 they are 34 % more affordable than the average price for Huger. The properties with the highest average price have 2 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 4 bedrooms priced at $430,522.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $109 / sq.feet, with an average $242 / sq.feet price in Huger. The properties with the highest average prices have 2 bedrooms. They are 49 % more expensive than the average followed by properties with 3 bedrooms with a price at $165 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $594,842 it is 32 % cheaper than the average price in Huger. "Commercial" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $407,320 it is 28 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $120 / sq.feet followed by "Land" priced at $126 / sq.feet. "Commercial" is the cheapest type of property with a $130 / sq.feet value followed by "Land" with an average price of $126 / sq.feet.