The prices in real estate in Dundalk, 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 Dundalk has fallen in the last 6 months. In October, the average price per sq.feet was $147. In the following month the price per sq.feet decreased to $134. In the following two months the price per sq.feet has increased 107 %, going from $140.5 to $150.5 per sq.feet. The price per sq.feet has had a considerable deflation of 81 % 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 $145.5 to $117.5 during February, and March.
Based upon to the price in Dundalk (cities), this has gone downing the last 6 months. The average price for October is $234,547. During November the price had a slight fall till $218,568. During the following two months (December, January) the price has had an average incrementation from $226,557.5 to $239,282.5. During the last two months the average price has had a strong fall compared to the previous four going from $232,920 to $168,097.5, which means a 72 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $160,879 they are 14 % more affordable than the average price for Dundalk. The properties with the highest average price have 4 bedrooms, Their price is 93 % more costly than the average. After that we have properties with 1 bedroom priced at $139,138.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $120 / sq.feet, with an average $109 / sq.feet price in Dundalk. The properties with the highest average prices have 4 bedrooms. They are 50 % more expensive than the average followed by properties with 1 bedroom with a price at $120 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $160,879 it is 34 % cheaper than the average price in Dundalk. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $419,089 it is 161 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $80 / sq.feet followed by "Farm" priced at $96 / sq.feet. "House" is the most costly type of property with a $158 / sq.feet cost followed by "Townhouse" with an average price of $157 / sq.feet.