The rent prices in real estate in Ocean City, in the Maryland region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Ocean City has risen strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to . The price for the following two months in (December, January) had a considerable rise of 0 %. The price per sq.feet has had a considerable rise of 2147483647 % 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 to $33.5 during February, and March.
When referring to the price in Ocean City (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,404. In November This price remains at $1,404. In the following two months the average price has hardly changed with regard to the previous two months from $1,404 to $1,371. Based on an analysis of the first four prices and the last two months the average price has increased 108 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 0 % more affordable than the average price of $1,559 in Ocean City. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,559 it is 11 % more affordable than the average price in Ocean City. "House" is seen as the second most affordable property type. The most affordable property is "House" followed by "". At a price of $1,394 it is 8 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $60 / sq.feet. "House" at an average price of $60 / sq.feet has the highest price and would be directed at more affluent cities.