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 October, the average price per sq.feet was $257. In the following month the price per sq.feet decreased to $239. In the following two months the price per sq.feet has increased 109 %, going from $248 to $271 per sq.feet. The price per sq.feet has had a considerable increase of 136 % 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 $259.5 to $353.5 during February, and March.
Based upon to the price in Jefferson (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $630,147. In November This price remains at $647,529. In the following two months the average price has remained the same with regard to the previous two months from $638,838 to $668,274. Based on an analysis of the first four prices and the last two months the average price has risen strongly 155 % 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 $1,113,125 they are 69 % more affordable than the average price for Jefferson. The properties with the lowest average price have 1 bedroom, Their price is 65 % cheaper than the average. After that we have properties with 2 bedrooms priced at $345,062.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $113 / sq.feet, with an average $316 / sq.feet price in Jefferson. The properties with the lowest average prices have 1 bedroom. They are 48 % cheaper than the average followed by properties with 2 bedrooms with a price at $113 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,113,125 it is 69 % 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 $345,062 it is 68 % 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 $113 / sq.feet followed by "Condo" priced at $142 / sq.feet. "Condo" is the cheapest type of property with a $142 / sq.feet value followed by "House" with an average price of $113 / sq.feet.