The prices in real estate in Beltsville, 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 Beltsville has increased during the last 6 months. In July, the average price per sq.feet was $187. In the following month the price per sq.feet increased to $199. In the following two months the price per sq.feet has increased 107 %, going from $193 to $206.5 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 $199.75 to $190 during November y December
Based upon to the price in Beltsville (cities), this has gone downing the last 6 months. The price in July is $363,748, rising in August till $383,582. In the following two months the average price has remained the same with regard to the previous two months from $373,665 to $365,491.5. During the last two months the average price has had a strong fall compared to the previous four going from $369,578.25 to $298,446.5, which means a 81 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $283,158 they are 61 % more affordable than the average price for Beltsville. The properties with the highest average price have 4 bedrooms, Their price is 67 % more costly than the average. After that we have properties with 3 bedrooms priced at $345,712.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $128 / sq.feet, with an average $196 / sq.feet price in Beltsville. The properties with the highest average prices have 3 bedrooms. They are 13 % more expensive than the average followed by properties with 4 bedrooms with a price at $191 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most costly one. At an cost of $283,158 it is 7 % more expensive than the average price in Beltsville. "Farm" is seen as the second dearest property type. The dearest property type is "House" followed by "Condo". At a price of $326,825 it is 90 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $142 / sq.feet followed by "Farm" priced at $166 / sq.feet. "House" is the most costly type of property with a $242 / sq.feet cost followed by "Condo" with an average price of $171 / sq.feet.