Property prices for sale in Ravenel (South Carolina)
The prices in real estate in Ravenel, 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 Ravenel has increased strongly during the last 6 months. In October, the average price per sq.feet was $289. In November this price pretty much remained the same at a value of $300 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 543 %. The price per sq.feet has had a considerable increase of 1400 % 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 $946.75 to $13,259 during February, and March.
Based upon to the price in Ravenel (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $631,204. During November the price went through a considerable rise reaching $745,700. During the following two months (December, January) the average price had a considerable increase of 125 % 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 risen strongly 125 % 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 $1,019,913 they are 80 % more affordable than the average price for Ravenel. The properties with the lowest average price have 3 bedrooms, Their price is 53 % cheaper than the average. After that we have properties with 4 bedrooms priced at $382,688.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $133 / sq.feet, with an average $19,195 / sq.feet price in Ravenel. The properties with the lowest average prices have 3 bedrooms. They are 99 % cheaper than the average followed by properties with 1 bedroom with a price at $159 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $1,019,913 it is 77 % cheaper than the average price in Ravenel. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $238,781 it is 68 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $101 / sq.feet followed by "House" priced at $141 / sq.feet. "House" is the cheapest type of property with a $141 / sq.feet value followed by "Farm" with an average price of $101 / sq.feet.
