Property prices for sale in La Plata (Maryland)
The prices in real estate in La Plata, 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 La Plata has increased strongly during the last 6 months. In October, the average price per sq.feet was $594. In the following month the price per sq.feet decreased considerably to $491. The price for the following two months in (December, January) had a considerable increment of 115 %. The price per sq.feet has had a considerable increase of 231 % 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 $583.5 to $1,348 during February, and March.
Based upon to the price in La Plata (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $536,279. In November This price remains at $517,136. In the following two months the average price has remained the same with regard to the previous two months from $526,707.5 to $503,047.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $514,877.5 and $513,824 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $498,193 they are 52 % more affordable than the average price for La Plata. The properties with the lowest average price have 4 bedrooms, Their price is 5 % cheaper than the average. After that we have properties with 3 bedrooms priced at $337,038.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $156 / sq.feet, with an average $1,791 / sq.feet price in La Plata. The properties with the lowest average prices have 2 bedrooms. They are 87 % cheaper than the average followed by properties with 1 bedroom with a price at $217 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $498,193 it is 50 % cheaper than the average price in La Plata. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $336,252 it is 14 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $104 / sq.feet followed by "Townhouse" priced at $159 / sq.feet. "Condo" is the cheapest type of property with a $187 / sq.feet value followed by "House" with an average price of $167 / sq.feet.
