The prices in real estate in Summerton, 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 Summerton has fallen in the last 6 months. In October, the average price per sq.feet was $2,904. In the following month the price per sq.feet increased considerably to $3,702. The price for the following two months in (December, January) had a considerable decrease of 15 with regard to the prior two months. The price per sq.feet has had a considerable increase of 238 % 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 $1,899 to $4,518.5 during February, and March.
Based upon to the price in Summerton (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $334,851. In November This price remains at $346,301. During the following two months (December, January) the price has had an average incrementation from $340,576 to $388,903.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $364,739.75 to $343,443.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $358,601 they are 43 % more affordable than the average price for Summerton. The properties with the highest average price have 4 bedrooms, Their price is 44 % more costly than the average. After that we have properties with 2 bedrooms priced at $320,798.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $192 / sq.feet, with an average $5,810 / sq.feet price in Summerton. The properties with the lowest average prices have 2 bedrooms. They are 96 % cheaper than the average followed by properties with 4 bedrooms with a price at $222 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $358,601 it is 73 % cheaper than the average price in Summerton. "House" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $354,630 it is 24 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $221 / sq.feet followed by "Detached House" priced at $231 / sq.feet. "Land" is the most costly type of property with a $36,669 / sq.feet cost followed by "Detached House" with an average price of $231 / sq.feet.