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 February, the average price per sq.feet was $221. In March this price pretty much remained the same at a value of $218 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $219.5 to $218 per sq.feet. The price per sq.feet has had a considerable increase of 191 % 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 $218.75 to $418.5 during June, and July.
Based upon to the price in Mount Pleasant (cities), these have remained the same in the last 6 months. In our first sample month during February, the average price is $544,671. In March This price remains at $561,395. In the following two months the average price has remained the same with regard to the previous two months from $553,033 to $534,081.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $543,557.25 to $509,847 in June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $503,562 they are 65 % more affordable than the average price for Mount Pleasant. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $463,469.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $238 / sq.feet, with an average $616 / sq.feet price in Mount Pleasant. The properties with the highest average prices have 3 bedrooms. They are 0 % more expensive than the average followed by properties with 4 bedrooms with a price at $479 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most costly one. At an cost of $503,562 it is 8 % more expensive than the average price in Mount Pleasant. "Condo" is seen as the second dearest property type. The dearest property type is "House" followed by "Townhouse". At a price of $553,909 it is 12 % 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 $212 / sq.feet followed by "Farm" priced at $231 / sq.feet. "House" is the most costly type of property with a $755 / sq.feet cost followed by "Condo" with an average price of $236 / sq.feet.