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 January, the average price per sq.feet was $101. In the following month the price per sq.feet increased to $107. In the following two months the price per sq.feet has increased 106 %, going from $104 to $110.5 per sq.feet. The price per sq.feet has had a considerable increase of 145 % 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 $107.25 to $155.5 during May, and June.
Based upon to the price in Walterboro (cities), this has gone up considerably in the last 6 months. In our first sample month during January, the average price is $176,506. In February This price remains at $183,235. In the following two months the average price has remained the same with regard to the previous two months from $179,870.5 to $187,969. Based on an analysis of the first four prices and the last two months the average price has risen strongly 142 % 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 $378,210 they are 66 % more affordable than the average price for Walterboro. The properties with the highest average price have 2 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 4 bedrooms priced at $292,115.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $90 / sq.feet, with an average $155 / sq.feet price in Walterboro. The properties with the highest average prices have 2 bedrooms. They are 279 % more expensive than the average followed by properties with 1 bedroom with a price at $261 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $378,210 it is 62 % cheaper than the average price in Walterboro. "Commercial" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $169,231 it is 51 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $114 / sq.feet followed by "House" priced at $134 / sq.feet. "Land" is the most costly type of property with a $961 / sq.feet cost followed by "House" with an average price of $134 / sq.feet.