The prices in real estate in Orangeburg, 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 Orangeburg has increased strongly during the last 6 months. In April, the average price per sq.feet was $65. In the following month the price per sq.feet increased considerably to $185,786. The price for the following two months in (June, July) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 0 % 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 $46,606.5 to $64.5 during August, and September.
Based upon to the price in Orangeburg (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is $142,823. During May the price went through a considerable rise reaching $333,714. During the following two months (June, July) the average price had a considerable increase of 120 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $261,624.25 to $142,665, which means a 55 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $182,759 they are 18 % more affordable than the average price for Orangeburg. The properties with the lowest average price have 2 bedrooms, Their price is 13 % cheaper than the average. After that we have properties with 1 bedroom priced at $149,752.
With regard to the average prices per sq.feet those properties with 1 bedroom are 16 % more costly than the average price of ($94 / sq.feet) in Orangeburg. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 16 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $182,759 it is 68 % cheaper than the average price in Orangeburg. "Duplex" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $95,731 it is 13 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $8 / sq.feet followed by "Duplex" priced at $77 / sq.feet. "Condo" is the most costly type of property with a $7,520 / sq.feet cost followed by "House" with an average price of $94 / sq.feet.