The prices in real estate in Iva, 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 Iva has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $40,874. In the following month the price per sq.feet decreased considerably to $17,443. The price for the following two months in (December, January) had a considerable decrease of 27 with regard to the prior two months. The price per sq.feet has had a considerable increase of 157 % 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 $18,525.75 to $29,137 during February, and March.
Based upon to the price in Iva (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $226,348. During November the price went through a considerable rise reaching $279,763. In the following two months the average price has remained the same with regard to the previous two months from $253,055.5 to $256,416.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.