Property prices for sale in Cobb Island (Maryland)
The prices in real estate in Cobb Island, 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 Cobb Island has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $25,251. In the following month the price per sq.feet decreased considerably to $20,899. The price for the following two months in (December, January) had a considerable decrease of 1 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 3 % 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 $11,695.75 to $312 during February, and March.
Based upon to the price in Cobb Island (cities), this has gone up considerably in the last 6 months. The price in October is $492,493, rising in November till $539,000. In the following two months the average price has remained the same with regard to the previous two months from $515,746.5 to $503,146.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 128 % during the last two months.
