The prices in real estate in Walterboro, in the South Carolina 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 Walterboro has increased strongly during the last 6 months. In April, the average price per sq.feet was $111. In the following month the price per sq.feet increased considerably to $156. In the following two months the price per sq.feet has barely changed, going from $133.5 to $139.5 per sq.feet. The price per sq.feet has had a considerable deflation of 77 % 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 $136.5 to $105 during August, and September.
Based upon to the price in Walterboro (cities), this has gone up considerably in the last 6 months. The average price for April is $185,937. During May the price had a considerable reduction till $145,431. During the following two months (June, July) the average price had a considerable increase of 199 % 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 $247,844.5 to $180,006.5, which means a 73 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $211,386 they are 22 % more affordable than the average price for Walterboro. The properties with the highest average price have 4 bedrooms, Their price is 84 % more costly than the average. After that we have properties with 1 bedroom priced at $242,222.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $100 / sq.feet, with an average $118 / sq.feet price in Walterboro. The properties with the highest average prices have 1 bedroom. They are 97 % more expensive than the average followed by properties with 4 bedrooms with a price at $117 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $211,386 it is 32 % cheaper than the average price in Walterboro. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $168,722 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $111 / sq.feet followed by "House" priced at $122 / sq.feet. "Land" is the most costly type of property with a $958 / sq.feet cost followed by "House" with an average price of $122 / sq.feet.