Property prices for sale in Jefferson (Maryland)
The prices in real estate in Jefferson, in the Maryland region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Jefferson has fallen in the last 6 months. In March, the average price per sq.feet was $316. In the following month the price per sq.feet decreased to $286. The price for the following two months in (May, June) had a considerable decrease of 82 with regard to the prior two months. The price per sq.feet has increased 113 % 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 $274 to $309 during July, and August.
Based upon to the price in Jefferson (cities), this has fallen considerably in the last 6 months. The average price for March is $1,113,125. During April the price had a considerable reduction till $871,957. During the following two months (May, June) the average price had a considerable reduction of 78 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $883,647.25 to $823,869 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $773,925 they are 56 % more affordable than the average price for Jefferson. The properties with the lowest average price have 1 bedroom, Their price is 50 % cheaper than the average. After that we have properties with 2 bedrooms priced at $343,337.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $108 / sq.feet, with an average $270 / sq.feet price in Jefferson. The properties with the lowest average prices have 1 bedroom. They are 41 % cheaper than the average followed by properties with 2 bedrooms with a price at $108 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $773,925 it is 56 % 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 $343,337 it is 54 % 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 $108 / sq.feet followed by "Condo" priced at $137 / sq.feet. "Condo" is the cheapest type of property with a $137 / sq.feet value followed by "House" with an average price of $108 / sq.feet.
