The prices in real estate in Jefferson, 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 Jefferson has increased strongly during the last 6 months. In April, the average price per sq.feet was $188. In the following month the price per sq.feet increased considerably to $263. The price for the following two months in (June, July) had a considerable increment of 117 %. The price per sq.feet has had a considerable deflation of 71 % 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 $245 to $174 during August, and September.
Based upon to the price in Jefferson (cities), this has gone up considerably in the last 6 months. The price in April is $467,120, rising in May till $502,794. During the following two months (June, July) the average price had a considerable increase of 197 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $718,953.75 to $443,311.5, which means a 62 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $451,464 they are 20 % more affordable than the average price for Jefferson. The properties with the lowest average price have 1 bedroom, Their price is 11 % cheaper than the average. After that we have properties with 2 bedrooms priced at $359,892.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $155 / sq.feet, with an average $175 / sq.feet price in Jefferson. The properties with the highest average prices have 1 bedroom. They are 18 % more expensive than the average followed by properties with 2 bedrooms with a price at $155 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $451,464 it is 20 % cheaper than the average price in Jefferson. "Condo" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "House". At a price of $359,892 it is 18 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $155 / sq.feet followed by "Condo" priced at $184 / sq.feet. "Condo" is the most costly type of property with a $184 / sq.feet cost followed by "House" with an average price of $155 / sq.feet.