The prices in real estate in Baltimore, in the Maryland region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Baltimore has fallen in the last 6 months. In March, the average price per sq.feet was $146. In April this price pretty much remained the same at a value of $144 per sq.feet. The price for the following two months in (May, June) decreased 93 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $140.25 to $138.5 during July y August
Based upon to the price in Baltimore (cities), these have remained the same in the last 6 months. The average price for March is $225,896. During April the price had a slight fall till $210,227. In the following two months the average price has remained the same with regard to the previous two months from $218,061.5 to $222,695. 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 $220,378.25 and $226,092.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $206,263 they are 21 % more affordable than the average price for Baltimore. The properties with the highest average price have 4 bedrooms, Their price is 40 % more costly than the average. After that we have properties with 3 bedrooms priced at $215,897.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $131 / sq.feet, with an average $130 / sq.feet price in Baltimore. The properties with the highest average prices have 1 bedroom. They are 45 % more expensive than the average followed by properties with 2 bedrooms with a price at $161 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $206,263 it is 20 % cheaper than the average price in Baltimore. "Apartment" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Condo". At a price of $193,046 it is 30 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $111 / sq.feet followed by "Apartment" priced at $127 / sq.feet. "Townhouse" is the most costly type of property with a $2,999 / sq.feet cost followed by "Condo" with an average price of $132 / sq.feet.