The prices in real estate in Edgewood, 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 Edgewood has increased during the last 6 months. In October, the average price per sq.feet was $155. In the following month the price per sq.feet increased to $163. In the following two months the price per sq.feet has barely changed, going from $159 to $165 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 $162 to $166.5 during February y March
Based upon to the price in Edgewood (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $251,500. In November This price remains at $256,226. In the following two months the average price has remained the same with regard to the previous two months from $253,863 to $244,801. 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 $249,332 and $242,528.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $249,439 they are 59 % more affordable than the average price for Edgewood. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 3 bedrooms priced at $209,729.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $93 / sq.feet, with an average $172 / sq.feet price in Edgewood. The properties with the lowest average prices have 1 bedroom. They are 1 % cheaper than the average followed by properties with 4 bedrooms with a price at $142 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $249,439 it is 42 % cheaper than the average price in Edgewood. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $234,684 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $99 / sq.feet followed by "Apartment" priced at $131 / sq.feet. "Duplex" is the most costly type of property with a $8,947 / sq.feet cost followed by "Townhouse" with an average price of $176 / sq.feet.