The prices in real estate in Longs, 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 Longs has increased strongly during the last 6 months. In November, the average price per sq.feet was $289. In the following month the price per sq.feet increased considerably to $1,272. The price for the following two months in (January, February) had a considerable decrease of 45 with regard to the prior two months. The price per sq.feet has had a considerable increase of 146 % 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 $565.25 to $828 during March, and April.
Based upon to the price in Longs (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $317,688. In December This price remains at $315,497. In the following two months the average price has remained the same with regard to the previous two months from $316,592.5 to $305,485.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $311,039 and $311,785.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $306,120 they are 53 % more affordable than the average price for Longs. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 3 bedrooms priced at $305,379.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $152 / sq.feet, with an average $274 / sq.feet price in Longs. The properties with the lowest average prices have 3 bedrooms. They are 1 % cheaper than the average followed by properties with 2 bedrooms with a price at $201 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $306,120 it is 30 % cheaper than the average price in Longs. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $277,656 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $159 / sq.feet followed by "Condo" priced at $180 / sq.feet. "Land" is the most costly type of property with a $35,048 / sq.feet cost followed by "Condo" with an average price of $180 / sq.feet.