Property prices for sale in Frostburg (Maryland)
The prices in real estate in Frostburg, 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 Frostburg has increased strongly during the last 6 months. In October, the average price per sq.feet was $451. In the following month the price per sq.feet decreased considerably to $103. The price for the following two months in (December, January) had a considerable increment of 187 %. The price per sq.feet has had a considerable increase of 578 % 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 $397.25 to $2,298 during February, and March.
Based upon to the price in Frostburg (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $172,425. In November This price remains at $174,865. During the following two months (December, January) the average price fell 90 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $165,077 to $147,364 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $154,259 they are 58 % more affordable than the average price for Frostburg. The properties with the highest average price have 4 bedrooms, Their price is 88 % more costly than the average. After that we have properties with 2 bedrooms priced at $201,433.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $71 / sq.feet, with an average $3,079 / sq.feet price in Frostburg. The properties with the lowest average prices have 2 bedrooms. They are 96 % cheaper than the average followed by properties with 4 bedrooms with a price at $82 / sq.feet.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $154,259 it is 22 % cheaper than the average price in Frostburg. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Villa". At a price of $119,599 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $9 / sq.feet followed by "House" priced at $76 / sq.feet. "House" is the cheapest type of property with a $76 / sq.feet value followed by "Villa" with an average price of $9 / sq.feet.
