The prices in real estate in District Heights, in the Maryland region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in District Heights has fallen in the last 6 months. In October, the average price per sq.feet was $237. In November this price pretty much remained the same at a value of $227 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $232 to $231.5 per sq.feet. The price per sq.feet has decreased 94 % 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 $231.75 to $217 during February, and March.
Based upon to the price in District Heights (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $331,940. In November This price remains at $316,368. In the following two months the average price has remained the same with regard to the previous two months from $324,154 to $322,816. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $323,485 to $299,380 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $303,778 they are 71 % more affordable than the average price for District Heights. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $307,921.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $191 / sq.feet, with an average $213 / sq.feet price in District Heights. The properties with the highest average prices have 4 bedrooms. They are 9 % more expensive than the average followed by properties with 3 bedrooms with a price at $217 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $303,778 it is 47 % cheaper than the average price in District Heights. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $316,709 it is 24 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $194 / sq.feet followed by "Townhouse" priced at $222 / sq.feet. "House" is the most costly type of property with a $232 / sq.feet cost followed by "Townhouse" with an average price of $222 / sq.feet.