The average price in the South Carolina region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.feet in South Carolina has increased strongly in the last 6 months. During October, the average price per sq.feet was $253. The following month (November) the price increased to $274 per sq.feet. The following two months (December, January) went through a considerable deflation of 83 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant increase of 171 %. This has been obtained by comparing the price of $240.75 for the first four months of the sample with regard to the previous 4 months and the price of $410.5 per sq.feet for the last two months (February, March).
Based upon to the price in South Carolina(region), these have remained the same in the last 6 months. In the first month sample October the average price is $417,700. In November the price was the same at $434,899. In the following two months the average price didn't change much compared to the previous two going from $426,299.5 to $422,220.5. During the last two months the average price has remained stagnant and has gone from $424,260 to $436,697.5 during February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 45 % more affordable than the average price in South Carolina followed by those with 2 with an average price of $286,740. The cheapest properties have 4 bedrooms. They are 2 % cheaper than the average followed by those properties with 3 bedrooms priced at $359,749.
Based on the average price per sq.feet those properties with 4 bedrooms are the cheapest ones with a price of $192 / sq.feet being $561 / sq.feet the average value within the South Carolina region. The properties with the cheapest average price are those with 1 bedroom. These are 35 % lower than the average followed by those with 3 bedrooms with a price of $244 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $442,772 it is 48 % more affordable than the average in South Carolina. This is followed by "Townhouse" with a price of $310,731. The dearest property type is "Apartment" and is 38 % more expensive than the average, followed by "House" with a cost of $458,254.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $158 / sq.feet, followed by "Townhouse" with a price of $192 / sq.feet. "Land" with an average price of $2,081 / sq.feet is the most costly type of property followed by "Apartment" at a price of $1,521 / sq.feet.