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 March, the average price per sq.feet was $174. In the following month the price per sq.feet decreased considerably to $132. The price for the following two months in (May, June) decreased 88 % with regard to the prior two months. The price per sq.feet has decreased 90 % 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 $143.75 to $129 during July, and August.
Based upon to the price in Seneca (cities), this has fallen considerably in the last 6 months. The average price for March is $509,588. During April the price had a considerable reduction till $291,055. During the following two months (May, June) the average price had a considerable reduction of 73 % 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 $347,172 to $249,535, which means a 72 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $236,295 they are 60 % more affordable than the average price for Seneca. The properties with the lowest average price have 2 bedrooms, Their price is 51 % cheaper than the average. After that we have properties with 1 bedroom priced at $94,852.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $1,258 / sq.feet, with an average $127 / sq.feet price in Seneca. The properties with the highest average prices have 2 bedrooms. They are 2238 % more expensive than the average followed by properties with 1 bedroom with a price at $1,258 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $236,295 it is 56 % 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 $104,240 it is 51 % 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 $2,969 / sq.feet followed by "Farm" priced at $4,192 / sq.feet. "Farm" is the most costly type of property with a $4,192 / sq.feet cost followed by "Apartment" with an average price of $2,969 / sq.feet.