Property prices for sale in Indian Head (Maryland)
The prices in real estate in Indian Head, 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 Indian Head has increased strongly during the last 6 months. In October, the average price per sq.feet was $496. In the following month the price per sq.feet decreased considerably to $214. The price for the following two months in (December, January) had a considerable increment of 529 %. The price per sq.feet has had a considerable increase of 576 % 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 $1,116.25 to $6,435 during February, and March.
Based upon to the price in Indian Head (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $332,517. In November This price remains at $329,641. In the following two months the average price has remained the same with regard to the previous two months from $331,079 to $319,748.5. During the last two months the average price has had a strong fall compared to the previous four going from $325,413.75 to $264,844.5, which means a 81 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $273,367 they are 69 % more affordable than the average price for Indian Head. The properties with the highest average price have 4 bedrooms, Their price is 77 % more costly than the average. After that we have properties with 3 bedrooms priced at $353,135.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $69 / sq.feet, with an average $6,441 / sq.feet price in Indian Head. The properties with the lowest average prices have 3 bedrooms. They are 97 % cheaper than the average followed by properties with 2 bedrooms with a price at $201 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $273,367 it is 49 % cheaper than the average price in Indian Head. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $392,650 it is 75 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $142 / sq.feet followed by "Townhouse" priced at $160 / sq.feet. "Land" is the most costly type of property with a $39,923 / sq.feet cost followed by "Detached House" with an average price of $218 / sq.feet.
