Property prices for sale in Derwood (Maryland)

The prices in real estate in Derwood, 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.

$597,713.83
Average price last 6 months
$316
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Derwood has increased strongly during the last 6 months. In September, the average price per sq.feet was $267. In the following month the price per sq.feet increased to $299. In the following two months the price per sq.feet has barely changed, going from $283 to $279 per sq.feet. The price per sq.feet has had a considerable increase of 137 % 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 $281 to $386 during January, and February.

Average price

Based upon to the price in Derwood (cities), these have remained the same in the last 6 months. The price in September is $578,152, rising in October till $627,335. In the following two months the average price has remained the same with regard to the previous two months from $602,743.5 to $607,781. 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 $605,262.25 and $582,617 between January and February.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $571,780 they are 34 % more affordable than the average price for Derwood. The properties with the lowest average price have 1 bedroom, Their price is 33 % cheaper than the average. After that we have properties with 2 bedrooms priced at $381,803.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $4,174 / sq.feet, with an average $456 / sq.feet price in Derwood. The properties with the highest average prices have 1 bedroom. They are 837 % more expensive than the average followed by properties with 2 bedrooms with a price at $4,249 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $571,780 it is 34 % cheaper than the average price in Derwood. "Detached House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $449,500 it is 19 % more affordable than the average price.

According to the average cost per sq.feet, the most expensive property type would be "Detached House" at an average cost of $1,671 / sq.feet followed by "House" priced at $1,719 / sq.feet. "Apartment" is the most costly type of property with a $4,174 / sq.feet cost followed by "House" with an average price of $1,719 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Derwood
Number of properties used in region Maryland
$571,780
$456
304
418,250
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value