Property prices for sale in Piedmont (South Carolina)
The prices in real estate in Piedmont, 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 Piedmont has increased strongly during the last 6 months. In November, the average price per sq.feet was $781. In the following month the price per sq.feet decreased considerably to $201. The price for the following two months in (January, February) had a considerable increment of 3236 %. The price per sq.feet has had a considerable deflation of 52 % 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 $8,190.25 to $4,290 during March, and April.
Based upon to the price in Piedmont (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $346,600. In December This price remains at $350,499. During the following two months (January, February) the price has had an average incrementation from $348,549.5 to $368,275.5. 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 $358,412.5 and $360,220 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $359,434 they are 23 % more affordable than the average price for Piedmont. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at $285,210.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $189 / sq.feet, with an average $192 / sq.feet price in Piedmont. The properties with the highest average prices have 2 bedrooms. They are 34070 % more expensive than the average followed by properties with 1 bedroom with a price at $238 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $359,434 it is 48 % cheaper than the average price in Piedmont. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $347,365 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 $52 / sq.feet followed by "Detached House" priced at $171 / sq.feet. "Land" is the most costly type of property with a $51,178 / sq.feet cost followed by "Condo" with an average price of $280 / sq.feet.
