Property prices for sale in Fort Washington (Maryland)
The prices in real estate in Fort Washington, 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 Fort Washington has increased strongly during the last 6 months. In October, the average price per sq.feet was $233. In the following month the price per sq.feet increased considerably to $2,677. The price for the following two months in (December, January) had a considerable increment of 148 %. The price per sq.feet has had a considerable increase of 234 % 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 $1,801 to $4,218.5 during February, and March.
Based upon to the price in Fort Washington (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $523,335. In November This price remains at $509,687. In the following two months the average price has remained the same with regard to the previous two months from $516,511 to $504,149. 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 $510,330 and $488,070.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $481,641 they are 21 % more affordable than the average price for Fort Washington. The properties with the highest average price have 4 bedrooms, Their price is 3 % more costly than the average. After that we have properties with 2 bedrooms priced at $436,120.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $236 / sq.feet, with an average $7,282 / sq.feet price in Fort Washington. The properties with the lowest average prices have 1 bedroom. They are 94 % cheaper than the average followed by properties with 2 bedrooms with a price at $333 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $481,641 it is 37 % cheaper than the average price in Fort Washington. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $523,368 it is 16 % 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 $131 / sq.feet followed by "House" priced at $227 / sq.feet. "Apartment" is the cheapest type of property with a $295 / sq.feet value followed by "Townhouse" with an average price of $236 / sq.feet.
