The prices in real estate in College Park, in the Maryland region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in College Park has remained the same in the last 6 months. In October, the average price per sq.feet was $164. In the following month the price per sq.feet decreased to $149. In the following two months the price per sq.feet has barely changed, going from $156.5 to $155 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 $155.75 to $162 during February y March
Based upon to the price in College Park (cities), this has gone downing the last 6 months. The average price for October is $287,708. During November the price had a considerable reduction till $241,213. During the following two months (December, January) the average price fell 93 % 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 gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $294,202 they are 52 % more affordable than the average price for College Park. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 3 bedrooms priced at $238,325.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $154 / sq.feet, with an average $174 / sq.feet price in College Park. The properties with the highest average prices have 2 bedrooms. They are 11 % more expensive than the average followed by properties with 3 bedrooms with a price at $157 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $294,202 it is 28 % cheaper than the average price in College Park. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $243,336 it is 14 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $85 / sq.feet followed by "Condo" priced at $130 / sq.feet. "House" is the cheapest type of property with a $158 / sq.feet value followed by "Townhouse" with an average price of $143 / sq.feet.