The prices in real estate in Annapolis, in the Maryland region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Annapolis has increased during the last 6 months. In April, the average price per sq.feet was $1,153. In the following month the price per sq.feet increased considerably to $1,835. The price for the following two months in (June, July) had a considerable decrease of 37 with regard to the prior two months. The price per sq.feet has had a considerable increase of 163 % 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 $1,025 to $1,673.5 during August, and September.
Based upon to the price in Annapolis (cities), these have remained the same in the last 6 months. In our first sample month during April, the average price is $745,031. In May This price remains at $725,955. In the following two months the average price has remained the same with regard to the previous two months from $735,493 to $718,591.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $727,042.25 and $694,398.5 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $668,973 they are 34 % more affordable than the average price for Annapolis. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 1 bedroom priced at $667,487.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $309 / sq.feet, with an average $2,147 / sq.feet price in Annapolis. The properties with the highest average prices have 4 bedrooms. They are 30 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,446 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $668,973 it is 64 % cheaper than the average price in Annapolis. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $479,749 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $197 / sq.feet followed by "Condo" priced at $291 / sq.feet. "Farm" is the most costly type of property with a $5,406 / sq.feet cost followed by "House" with an average price of $2,211 / sq.feet.