The prices in real estate in Mount Pleasant, 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 Mount Pleasant has increased strongly during the last 6 months. In January, the average price per sq.feet was $240. In the following month the price per sq.feet increased to $261. In the following two months the price per sq.feet has barely changed, going from $250.5 to $251.5 per sq.feet. The price per sq.feet has had a considerable increase of 420 % 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 $251 to $1,053 during May, and June.
Based upon to the price in Mount Pleasant (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $609,710. During February the price went through a considerable rise reaching $740,897. During the following two months (March, April) the price has had an average incrementation from $675,303.5 to $719,632.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $798,062 they are 67 % more affordable than the average price for Mount Pleasant. The properties with the lowest average price have 4 bedrooms, Their price is 15 % cheaper than the average. After that we have properties with 3 bedrooms priced at $443,092.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $227 / sq.feet, with an average $1,810 / sq.feet price in Mount Pleasant. The properties with the lowest average prices have 1 bedroom. They are 82 % cheaper than the average followed by properties with 2 bedrooms with a price at $245 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $798,062 it is 57 % cheaper than the average price in Mount Pleasant. "Farm" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Condo". At a price of $734,644 it is 46 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $201 / sq.feet followed by "House" priced at $208 / sq.feet. "Condo" is the most costly type of property with a $19,527 / sq.feet cost followed by "Apartment" with an average price of $328 / sq.feet.