The prices in real estate in New Ellenton, 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 New Ellenton has increased strongly during the last 6 months. In November, the average price per sq.feet was $3,971. In the following month the price per sq.feet increased considerably to $13,451. The price for the following two months in (January, February) had a considerable increment of 137 %. The price per sq.feet has had a considerable increase of 167 % 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 $10,315.75 to $17,275.5 during March, and April.
Based upon to the price in New Ellenton (cities), these have remained the same in the last 6 months. The average price during our first sample month during November, is $192,094. During December the price went through a considerable rise reaching $234,378. In the following two months the average price has remained the same with regard to the previous two months from $213,236 to $202,671.5. During the last two months the average price has had a strong fall compared to the previous four going from $207,953.75 to $141,323, which means a 68 % fall.