The prices in real estate in Harwood, in the Maryland region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Harwood has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $3,896. In the following month the price per sq.feet decreased considerably to $239. The price for the following two months in (December, January) had a considerable decrease of 11 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 18 % 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 $1,143.5 to $206.5 during February, and March.
Based upon to the price in Harwood (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $637,780. During November the price went through a considerable rise reaching $812,300. During the following two months (December, January) the price has had an average incrementation from $725,040 to $826,214.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 125 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $932,500 they are 28 % more affordable than the average price for Harwood. The properties with the lowest average price have 1 bedroom, Their price is 27 % cheaper than the average. After that we have properties with 2 bedrooms priced at $674,222.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $164 / sq.feet, with an average $207 / sq.feet price in Harwood. The properties with the lowest average prices have 1 bedroom. They are 16 % cheaper than the average followed by properties with 2 bedrooms with a price at $164 / sq.feet.
With regard to the average price based upon the property in Harwood we can see that the cheapest property type is "House" at a price of $643,020, they are 31 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 31 % 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 $151 / sq.feet. "House" with an average cost of $151 / sq.feet has the lowest price and would be directed at less affluent cities.