The prices in real estate in Moncks Corner, 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 Moncks Corner has increased strongly during the last 6 months. In October, the average price per sq.feet was $192. In the following month the price per sq.feet decreased to $179. In the following two months the price per sq.feet has barely changed, going from $185.5 to $183 per sq.feet. The price per sq.feet has had a considerable increase of 260 % 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 $184.25 to $479.5 during February, and March.
Based upon to the price in Moncks Corner (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $377,707. In November This price remains at $383,554. In the following two months the average price has remained the same with regard to the previous two months from $380,630.5 to $363,100. 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 $371,865.25 and $385,148 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $386,068 they are 61 % more affordable than the average price for Moncks Corner. The properties with the highest average price have 2 bedrooms, Their price is 94 % more costly than the average. After that we have properties with 4 bedrooms priced at $429,800.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $177 / sq.feet, with an average $783 / sq.feet price in Moncks Corner. The properties with the highest average prices have 2 bedrooms. They are 11 % more expensive than the average followed by properties with 1 bedroom with a price at $270 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $386,068 it is 42 % cheaper than the average price in Moncks Corner. "Detached House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $324,356 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $34 / sq.feet followed by "Detached House" priced at $84 / sq.feet. "Townhouse" is the cheapest type of property with a $174 / sq.feet value followed by "House" with an average price of $173 / sq.feet.