The prices in real estate in Ware Shoals, in the South Carolina region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Ware Shoals has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $64,215. In the following month the price per sq.feet decreased considerably to $49,659. The price for the following two months in (January, February) had a considerable decrease of 56 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 54 % 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 $44,418.5 to $24,049 during March, and April.
Based upon to the price in Ware Shoals (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $195,276. During December the price went through a considerable rise reaching $340,578. During the following two months (January, February) the average price had a considerable increase of 138 % 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 $319,269 to $258,960, which means a 81 % fall.