Property prices for sale in Elkton (Maryland)
The prices in real estate in Elkton, 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 Elkton has increased during the last 6 months. In October, the average price per sq.feet was $178. In November this price pretty much remained the same at a value of $185 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $181.5 to $185.5 per sq.feet. The price per sq.feet has increased 108 % 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 $183.5 to $198 during February, and March.
Based upon to the price in Elkton (cities), this has gone up considerably in the last 6 months. The price in October is $333,534, rising in November till $367,739. During the following two months (December, January) the price has had an average incrementation from $350,636.5 to $373,129. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $443,659 they are 90 % more affordable than the average price for Elkton. The properties with the lowest average price have 4 bedrooms, Their price is 3 % cheaper than the average. After that we have properties with 3 bedrooms priced at $327,908.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $39 / sq.feet, with an average $209 / sq.feet price in Elkton. The properties with the highest average prices have 3 bedrooms. They are 1 % more expensive than the average followed by properties with 4 bedrooms with a price at $186 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $443,659 it is 51 % cheaper than the average price in Elkton. "Commercial" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $411,929 it is 210 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $95 / sq.feet followed by "Townhouse" priced at $149 / sq.feet. "Apartment" is the most costly type of property with a $85,396 / sq.feet cost followed by "Detached House" with an average price of $548 / sq.feet.
