The prices in real estate in Seneca, in the South Carolina region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Seneca has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $236. In July this price pretty much remained the same at a value of $235 per sq.feet. The price for the following two months in (August, September) had a considerable decrease of 59 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 74 % 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 $187 to $138 during October, and November.
Based upon to the price in Seneca (cities), this has fallen considerably in the last 6 months. The average price for June is $600,599. During July the price had a considerable reduction till $355,365. During the following two months (August, September) the average price had a considerable reduction of 68 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $402,118.25 to $359,350 in October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $341,342 they are 69 % more affordable than the average price for Seneca. The properties with the lowest average price have 2 bedrooms, Their price is 66 % cheaper than the average. After that we have properties with 1 bedroom priced at $106,940.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $462 / sq.feet, with an average $134 / sq.feet price in Seneca. The properties with the highest average prices have 2 bedrooms. They are 2136 % more expensive than the average followed by properties with 1 bedroom with a price at $462 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $341,342 it is 69 % cheaper than the average price in Seneca. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Farm". At a price of $105,187 it is 66 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Apartment" at an average cost of $2,996 / sq.feet followed by "Farm" priced at $4,237 / sq.feet. "Farm" is the most costly type of property with a $4,237 / sq.feet cost followed by "Apartment" with an average price of $2,996 / sq.feet.