Property prices for sale in Great Mills (Maryland)
The prices in real estate in Great Mills, 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 Great Mills has increased strongly during the last 6 months. In October, the average price per sq.feet was $379. In the following month the price per sq.feet decreased considerably to $184. The price for the following two months in (December, January) had a considerable decrease of 65 with regard to the prior two months. The price per sq.feet has had a considerable increase of 7369 % 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 $232.75 to $17,152 during February, and March.
Based upon to the price in Great Mills (cities), this has gone downing the last 6 months. The average price for October is $367,933. During November the price had a slight fall till $342,450. During the following two months (December, January) the average price fell 87 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % 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 $433,818 they are 56 % more affordable than the average price for Great Mills. The properties with the lowest average price have 3 bedrooms, Their price is 43 % cheaper than the average. After that we have properties with 4 bedrooms priced at $245,700.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $83 / sq.feet, with an average $26,692 / sq.feet price in Great Mills. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 2 bedrooms with a price at $96 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $433,818 it is 47 % cheaper than the average price in Great Mills. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $230,739 it is 43 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $62 / sq.feet followed by "Apartment" priced at $72 / sq.feet. "House" is the cheapest type of property with a $83 / sq.feet value followed by "Apartment" with an average price of $72 / sq.feet.
