Property prices for sale in Arnold (Maryland)
The prices in real estate in Arnold, in the Maryland 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 Arnold has increased strongly during the last 6 months. In October, the average price per sq.feet was $269. In November this price pretty much remained the same at a value of $280 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 116 %. The price per sq.feet has had a considerable increase of 115 % 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 $296 to $340.5 during February, and March.
Based upon to the price in Arnold (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $669,317. In November This price remains at $649,054. In the following two months the average price has remained the same with regard to the previous two months from $659,185.5 to $680,991. Based on an analysis of the first four prices and the last two months the average price has risen strongly 126 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $790,303 they are 58 % more affordable than the average price for Arnold. The properties with the highest average price have 1 bedroom, Their price is 138 % more costly than the average. After that we have properties with 4 bedrooms priced at $520,847.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $167 / sq.feet, with an average $326 / sq.feet price in Arnold. The properties with the highest average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at $203 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $790,303 it is 53 % cheaper than the average price in Arnold. "Farm" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $472,231 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $119 / sq.feet followed by "Farm" priced at $125 / sq.feet. "Detached House" is the most costly type of property with a $26,356 / sq.feet cost followed by "House" with an average price of $213 / sq.feet.
