The prices in real estate in Joppa, 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 Joppa has increased strongly during the last 6 months. In April, the average price per sq.feet was $145. In the following month the price per sq.feet decreased to $131. In the following two months the price per sq.feet has increased 105 %, going from $138 to $145 per sq.feet. The price per sq.feet has had a considerable increase of 2047 % 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 $141.5 to $2,897 during August, and September.
Based upon to the price in Joppa (cities), this has gone up in the last 6 months. The average price for April is $262,922. During May the price had a considerable reduction till $223,283. During the following two months (June, July) the price has had an average incrementation from $243,102.5 to $262,903.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 130 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 29 % cheaper than the average price of $245,882 in Joppa. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 29 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 121 % more costly than the average price of ($2,910 / sq.feet) in Joppa. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 121 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $347,421 it is 30 % cheaper than the average price in Joppa. "Villa" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Villa". At a price of $245,636 it is 29 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $2,892 / sq.feet followed by "Villa" priced at $2,907 / sq.feet. "Apartment" is the most costly type of property with a $2,910 / sq.feet cost followed by "Villa" with an average price of $2,907 / sq.feet.