The prices in real estate in Bel Air, in the Maryland region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Bel Air has remained the same in the last 6 months. In September, the average price per sq.feet was $162. In October this price pretty much remained the same at a value of $160 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $161 to $159 per sq.feet. 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 $160 to $165.5 during January y February
Based upon to the price in Bel Air (cities), these have remained the same in the last 6 months. The price in September is $390,985, rising in October till $431,046. In the following two months the average price has remained the same with regard to the previous two months from $411,015.5 to $404,417.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $407,716.5 to $380,413 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $376,783 they are 66 % more affordable than the average price for Bel Air. The properties with the highest average price have 4 bedrooms, Their price is 44 % more costly than the average. After that we have properties with 3 bedrooms priced at $365,859.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $138 / sq.feet, with an average $167 / sq.feet price in Bel Air. The properties with the highest average prices have 3 bedrooms. They are 8 % more expensive than the average followed by properties with 4 bedrooms with a price at $177 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $376,783 it is 31 % cheaper than the average price in Bel Air. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $475,130 it is 55 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $142 / sq.feet followed by "Land" priced at $146 / sq.feet. "Apartment" is the most costly type of property with a $1,423 / sq.feet cost followed by "House" with an average price of $204 / sq.feet.