Property prices for sale in Bel Air (Maryland)

The prices in real estate in Bel Air, 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.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Bel Air has increased during the last 6 months. In June, the average price per sq.feet was $159. In the following month the price per sq.feet increased considerably to $259. The price for the following two months in (August, September) had a considerable decrease of 75 with regard to the prior two months. The price per sq.feet has decreased 89 % 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 $183 to $162 during October, and November.

Average price

Based upon to the price in Bel Air (cities), this has gone downing the last 6 months. The average price for June is $414,873. During July the price had a slight fall till $372,145. In the following two months the average price has remained the same with regard to the previous two months from $393,509 to $384,714. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $411,919 they are 47 % more affordable than the average price for Bel Air. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 1 bedroom priced at $474,467.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $159 / sq.feet, with an average $157 / sq.feet price in Bel Air. The properties with the highest average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 2 bedrooms with a price at $167 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $411,919 it is 36 % 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 "Townhouse". At a price of $479,912 it is 19 % 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 $157 / sq.feet followed by "Land" priced at $161 / sq.feet. "Condo" is the most costly type of property with a $1,443 / sq.feet cost followed by "Townhouse" with an average price of $173 / sq.feet.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in Bel Air
Number of properties used in region Maryland
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value