The prices in real estate in Conowingo, 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 Conowingo has increased strongly during the last 6 months. In October, the average price per sq.feet was $349. In the following month the price per sq.feet increased considerably to $5,398. The price for the following two months in (December, January) had a considerable increment of 162 %. The price per sq.feet has had a considerable increase of 262 % 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 $3,760.75 to $9,862.5 during February, and March.
Based upon to the price in Conowingo (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $553,200. In November This price remains at $544,688. During the following two months (December, January) the average price fell 86 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $511,738.25 to $386,055, which means a 75 % fall.