The prices in real estate in Myrtle Beach, in the South Carolina region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Myrtle Beach has remained the same in the last 6 months. In December, the average price per sq.feet was $145. In the following month the price per sq.feet increased to $166. The price for the following two months in (February, March) decreased 88 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $146 to $141 during April y May
Based upon to the price in Myrtle Beach (cities), this has gone up considerably in the last 6 months. The price in December is $223,293, rising in January till $243,556. During the following two months (February, March) the average price had a considerable increase of 115 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % 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 $263,373 they are 64 % more affordable than the average price for Myrtle Beach. The properties with the highest average price have 4 bedrooms, Their price is 4 % more costly than the average. After that we have properties with 3 bedrooms priced at $259,604.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $112 / sq.feet, with an average $147 / sq.feet price in Myrtle Beach. The properties with the highest average prices have 1 bedroom. They are 929 % more expensive than the average followed by properties with 2 bedrooms with a price at $318 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $263,373 it is 63 % cheaper than the average price in Myrtle Beach. "Detached House" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $271,099 it is 7 % 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 $133 / sq.feet followed by "House" priced at $137 / sq.feet. "Condo" is the most costly type of property with a $1,014 / sq.feet cost followed by "Detached House" with an average price of $162 / sq.feet.