Property prices for sale in North Myrtle Beach (South Carolina)
The prices in real estate in North Myrtle Beach, 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 North Myrtle Beach has increased strongly during the last 6 months. In March, the average price per sq.feet was $282. In the following month the price per sq.feet increased considerably to $327. The price for the following two months in (May, June) had a considerable increment of 178 %. 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 $423.75 to $429 during July y August
Based upon to the price in North Myrtle Beach (cities), these have remained the same in the last 6 months. The average price for March is $558,165. During April the price had a slight fall till $505,798. During the following two months (May, June) the price has had an average incrementation from $531,981.5 to $570,017. 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 $550,999.25 and $557,828.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $485,517 they are 53 % more affordable than the average price for North Myrtle Beach. The properties with the highest average price have 4 bedrooms, Their price is 55 % more costly than the average. After that we have properties with 3 bedrooms priced at $499,390.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $283 / sq.feet, with an average $319 / sq.feet price in North Myrtle Beach. The properties with the highest average prices have 4 bedrooms. They are 123 % more expensive than the average followed by properties with 1 bedroom with a price at $375 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $485,517 it is 36 % cheaper than the average price in North Myrtle Beach. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Detached House". At a price of $656,486 it is 504 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $303 / sq.feet followed by "Townhouse" priced at $327 / sq.feet. "Land" is the most costly type of property with a $104,134 / sq.feet cost followed by "Commercial" with an average price of $20,866 / sq.feet.
