The prices in real estate in Gwynn Oak, in the Maryland region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Gwynn Oak has increased during the last 6 months. In November, the average price per sq.feet was $180. In December this price pretty much remained the same at a value of $187 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $183.5 to $193.5 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $188.5 to $188.5 during March y April
Based upon to the price in Gwynn Oak (cities), these have remained the same in the last 6 months. The average price for November is $307,432. During December the price had a slight fall till $290,127. In the following two months the average price has remained the same with regard to the previous two months from $298,779.5 to $307,286.5. 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 $337,361 they are 68 % more affordable than the average price for Gwynn Oak. The properties with the lowest average price have 3 bedrooms, Their price is 19 % cheaper than the average. After that we have properties with 2 bedrooms priced at $226,774.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $87 / sq.feet, with an average $189 / sq.feet price in Gwynn Oak. The properties with the lowest average prices have 2 bedrooms. They are 5 % cheaper than the average followed by properties with 3 bedrooms with a price at $162 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $337,361 it is 53 % cheaper than the average price in Gwynn Oak. "Condo" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Condo". At a price of $160,865 it is 44 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $98 / sq.feet followed by "Detached House" priced at $650 / sq.feet. "Condo" is the most costly type of property with a $660 / sq.feet cost followed by "Detached House" with an average price of $650 / sq.feet.