Property prices for sale in Ellicott City (Maryland)
The prices in real estate in Ellicott City, in the Maryland region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Ellicott City has remained the same in the last 6 months. In March, the average price per sq.feet was $256. In April this price pretty much remained the same at a value of $258 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $257 to $257.5 per sq.feet. The price per sq.feet has increased 106 % 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 $257.25 to $273 during July, and August.
Based upon to the price in Ellicott City (cities), these have remained the same in the last 6 months. The price in March is $757,526, rising in April till $814,384. During the following two months (May, June) the price has had an average incrementation from $785,955 to $850,414.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $818,184.75 to $714,169 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $710,793 they are 74 % more affordable than the average price for Ellicott City. The properties with the lowest average price have 4 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 3 bedrooms priced at $469,713.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $228 / sq.feet, with an average $276 / sq.feet price in Ellicott City. The properties with the lowest average prices have 1 bedroom. They are 16 % cheaper than the average followed by properties with 4 bedrooms with a price at $230 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $710,793 it is 39 % cheaper than the average price in Ellicott City. "Detached House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Apartment". At a price of $649,348 it is 1125 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $166 / sq.feet followed by "Condo" priced at $182 / sq.feet. "Land" is the most costly type of property with a $448,366 / sq.feet cost followed by "Apartment" with an average price of $216 / sq.feet.
