The prices in real estate in South Charleston, in the Ohio 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 South Charleston has increased strongly during the last 6 months. In October, the average price per sq.feet was $486. In the following month the price per sq.feet decreased considerably to $115. The price for the following two months in (December, January) had a considerable increment of 388 %. The price per sq.feet has had a considerable increase of 252 % 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 $733.75 to $1,849 during February, and March.
Based upon to the price in South Charleston (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $196,772. During November the price went through a considerable rise reaching $227,366. During the following two months (December, January) the price has had an average incrementation from $212,069 to $235,108. 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 $223,588.5 and $221,780.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $216,608 they are 57 % more affordable than the average price for South Charleston. The properties with the highest average price have 1 bedroom, Their price is 12 % more costly than the average. After that we have properties with 4 bedrooms priced at $229,198.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $50 / sq.feet, with an average $2,422 / sq.feet price in South Charleston. The properties with the lowest average prices have 3 bedrooms. They are 96 % cheaper than the average followed by properties with 4 bedrooms with a price at $97 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $216,608 it is 63 % cheaper than the average price in South Charleston. "Land" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $178,025 it is 12 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $94 / sq.feet followed by "Detached House" priced at $99 / sq.feet. "Land" is the most costly type of property with a $90,539 / sq.feet cost followed by "Condo" with an average price of $106 / sq.feet.