The prices in real estate in Sullivans Island, in the South Carolina region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Sullivans Island has fallen in the last 6 months. In March, the average price per sq.feet was $1,829. In the following month the price per sq.feet decreased to $1,695. The price for the following two months in (May, June) decreased 91 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,685.75 to $1,604 during July y August
Based upon to the price in Sullivans Island (cities), this has gone up in the last 6 months. In our first sample month during March, the average price is $4,918,989. In April This price remains at $5,070,222. In the following two months the average price has remained the same with regard to the previous two months from $4,994,605.5 to $5,110,483.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % 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 $5,890,250 they are 86 % more affordable than the average price for Sullivans Island. The properties with the lowest average price have 2 bedrooms, Their price is 70 % cheaper than the average. After that we have properties with 1 bedroom priced at $812,361.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $578 / sq.feet, with an average $1,621 / sq.feet price in Sullivans Island. The properties with the highest average prices have 1 bedroom. They are 3 % more expensive than the average followed by properties with 2 bedrooms with a price at $578 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $5,890,250 it is 70 % cheaper than the average price in Sullivans Island. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $1,754,244 it is 65 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $578 / sq.feet followed by "House" priced at $672 / sq.feet. "House" is the cheapest type of property with a $672 / sq.feet value followed by "Apartment" with an average price of $578 / sq.feet.