Property prices for sale in Knoxville (Maryland)
The prices in real estate in Knoxville, 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 Knoxville has increased strongly during the last 6 months. In October, the average price per sq.feet was $13,846. In the following month the price per sq.feet decreased considerably to $196. The price for the following two months in (December, January) had a considerable increment of 250 %. The price per sq.feet has had a considerable increase of 230 % 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 $12,274.5 to $28,192.5 during February, and March.
Based upon to the price in Knoxville (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $317,348. During November the price went through a considerable rise reaching $500,547. During the following two months (December, January) the average price had a considerable increase of 277 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 127 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,056,653 they are 88 % more affordable than the average price for Knoxville. The properties with the lowest average price have 4 bedrooms, Their price is 56 % cheaper than the average. After that we have properties with 3 bedrooms priced at $416,933.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $47 / sq.feet, with an average $29,741 / sq.feet price in Knoxville. The properties with the lowest average prices have 3 bedrooms. They are 99 % cheaper than the average followed by properties with 2 bedrooms with a price at $132 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,056,653 it is 80 % cheaper than the average price in Knoxville. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $211,091 it is 65 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $57 / sq.feet followed by "House" priced at $116 / sq.feet. "House" is the cheapest type of property with a $116 / sq.feet value followed by "Townhouse" with an average price of $57 / sq.feet.
