Property prices for sale in Brandywine (Maryland)
The prices in real estate in Brandywine, 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 Brandywine has increased strongly during the last 6 months. In November, the average price per sq.feet was $405. In the following month the price per sq.feet increased considerably to $482. The price for the following two months in (January, February) had a considerable increment of 463 %. The price per sq.feet has had a considerable increase of 126 % 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 $1,249.5 to $1,569 during March, and April.
Based upon to the price in Brandywine (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $572,706. In December This price remains at $588,771. In the following two months the average price has remained the same with regard to the previous two months from $580,738.5 to $589,106.5. 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 $584,922.5 and $565,902 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $562,582 they are 57 % more affordable than the average price for Brandywine. The properties with the lowest average price have 4 bedrooms, Their price is 9 % cheaper than the average. After that we have properties with 3 bedrooms priced at $352,443.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $127 / sq.feet, with an average $260 / sq.feet price in Brandywine. The properties with the highest average prices have 1 bedroom. They are 7 % more expensive than the average followed by properties with 3 bedrooms with a price at $141 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $562,582 it is 42 % cheaper than the average price in Brandywine. "House" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $433,475 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $114 / sq.feet followed by "House" priced at $122 / sq.feet. "Condo" is the cheapest type of property with a $146 / sq.feet value followed by "House" with an average price of $122 / sq.feet.
