The prices in real estate in College Park, 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 College Park has increased during the last 6 months. In July, the average price per sq.feet was $158. In August this price pretty much remained the same at a value of $161 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from $159.5 to $180.5 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 $170 to $164.5 during November y December
Based upon to the price in College Park (cities), these have remained the same in the last 6 months. In our first sample month during July, the average price is $300,139. In August This price remains at $288,118. During the following two months (September, October) the price has had an average incrementation from $294,128.5 to $317,453.5. 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 $305,791 and $300,726 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $286,119 they are 68 % more affordable than the average price for College Park. The properties with the highest average price have 3 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 4 bedrooms priced at $334,454.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $104 / sq.feet, with an average $163 / sq.feet price in College Park. The properties with the highest average prices have 4 bedrooms. They are 16 % more expensive than the average followed by properties with 3 bedrooms with a price at $179 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $286,119 it is 24 % cheaper than the average price in College Park. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Townhouse". At a price of $241,983 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $86 / sq.feet followed by "Land" priced at $100 / sq.feet. "Townhouse" is the cheapest type of property with a $158 / sq.feet value followed by "Apartment" with an average price of $129 / sq.feet.