The average price in the South Carolina region has had a strong decrease in recent months. There has been a strong deflation in the prices in this region.
The price per sq.feet in South Carolina has risen considerably in the last 6 months. During March, the average price per sq.feet was $561. The following month (April) the price had a considerable deflation reaching $257 per sq.feet. The following two months (May, June) went through a considerable deflation of 81 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has decreased 93 %. This has been obtained by comparing the price $369.5 for the first four months of the sample with regard to the previous 4 months and the price $344.5 per sq.feet for the last two months (July, August).
Based upon to the price in South Carolina(region), these have remained the same in the last 6 months. The average price in March is $442,772. In April the price increased to $486,126. The average price for the following two months (May, June) decreased 95 % compared to the prior two. During the last two months the price has reduced 94 % compared to the previous average values going from $452,028.25 a $425,878.5 in July and August.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 43 % more affordable than the average price in South Carolina followed by those with 2 with an average price of $306,925. The most costly properties have 4 bedrooms. They are 10 % more expensive than the average followed by those properties with 3 bedrooms priced at $348,290.
Based on the average price per sq.feet those properties with 4 bedrooms are the cheapest ones with a price of $191 / sq.feet being $454 / sq.feet the average value within the South Carolina region. The properties with the cheapest average price are those with 1 bedroom. These are 20 % 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 $411,049 it is 48 % more affordable than the average in South Carolina. This is followed by "Condo" with a price of $273,625. The dearest property type is "Apartment" and is 32 % more expensive than the average, followed by "House" with a cost of $418,780.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $166 / sq.feet, followed by "Townhouse" with a price of $195 / sq.feet. "Apartment" with an average price of $1,749 / sq.feet is the most costly type of property followed by "Land" at a price of $1,620 / sq.feet.