The prices in real estate in Federalsburg, in the Maryland region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Federalsburg has increased strongly during the last 6 months. In November, the average price per sq.feet was $140. In December this price pretty much remained the same at a value of $143 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 152 %. The price per sq.feet has had a considerable increase of 790 % 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 $178.5 to $1,410 during March, and April.
Based upon to the price in Federalsburg (cities), these have remained the same in the last 6 months. The price in November is $232,060, rising in December till $244,728. In the following two months the average price has remained the same with regard to the previous two months from $238,394 to $230,715. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % 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 $272,887 they are 53 % more affordable than the average price for Federalsburg. The properties with the lowest average price have 4 bedrooms, Their price is 32 % cheaper than the average. After that we have properties with 3 bedrooms priced at $183,407.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $54 / sq.feet, with an average $187 / sq.feet price in Federalsburg. The properties with the lowest average prices have 2 bedrooms. They are 55 % cheaper than the average followed by properties with 3 bedrooms with a price at $72 / sq.feet.
With regard to the average price based upon the property in Federalsburg we can see that the cheapest property type is "House" at a price of $186,914, they are 32 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 32 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $54 / sq.feet. "House" with an average cost of $54 / sq.feet has the lowest price and would be directed at less affluent cities.