The prices in real estate in Wellford, 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 Wellford has increased strongly during the last 6 months. In January, the average price per sq.feet was $104. In February this price pretty much remained the same at a value of $104 per sq.feet. The price for the following two months in (March, April) had a considerable increment of 319 %. The price per sq.feet has had a considerable increase of 294 % 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 $217.75 to $640 during May, and June.
Based upon to the price in Wellford (cities), this has gone up considerably in the last 6 months. In our first sample month during January, the average price is $182,763. In February This price remains at $181,326. During the following two months (March, April) the average price had a considerable increase of 246 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 248 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 71 % cheaper than the average price of $219,211 in Wellford. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 71 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 85 % cheaper than the average price of ($99 / sq.feet) in Wellford. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 85 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $756,219 it is 85 % cheaper than the average price in Wellford. "Land" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $175,298 it is 71 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $87 / sq.feet followed by "House" priced at $99 / sq.feet. "Townhouse" is the most costly type of property with a $2,872 / sq.feet cost followed by "House" with an average price of $99 / sq.feet.