The prices in real estate in Cabin John, in the Maryland region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Cabin John has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $459. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (January, February) had a considerable increment of 136 %. The price per sq.feet has had a considerable increase of 157 % 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 $270.75 to $425.5 during March, and April.
Based upon to the price in Cabin John (cities), this has fallen considerably in the last 6 months. The average price for November is $2,499,000. During December the price had a considerable reduction till . During the following two months (January, February) the average price had a considerable reduction of 71 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 159 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 19 % cheaper than the average price of $1,297,737 in Cabin John. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 19 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 27 % cheaper than the average price of ($306 / sq.feet) in Cabin John. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 27 % cheaper than the average value aforementioned.