The prices in real estate in Leonardtown, in the Maryland region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Leonardtown has increased during the last 6 months. In April, the average price per sq.feet was $144. In May this price pretty much remained the same at a value of $141 per sq.feet. In the following two months the price per sq.feet has increased 112 %, going from $142.5 to $160 per sq.feet. The price per sq.feet has increased 108 % 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 $151.25 to $163 during August, and September.
Based upon to the price in Leonardtown (cities), this has fallen considerably in the last 6 months. The average price for April is $629,767. During May the price had a slight fall till $558,650. During the following two months (June, July) the average price fell 88 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $558,461.5 to $441,766.5, which means a 79 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $455,465 they are 40 % more affordable than the average price for Leonardtown. The properties with the lowest average price have 4 bedrooms, Their price is 6 % cheaper than the average. After that we have properties with 3 bedrooms priced at $334,562.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $134 / sq.feet, with an average $160 / sq.feet price in Leonardtown. The properties with the highest average prices have 1 bedroom. They are 114 % more expensive than the average followed by properties with 2 bedrooms with a price at $256 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $455,465 it is 58 % cheaper than the average price in Leonardtown. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Commercial". At a price of $367,270 it is 19 % 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 $63 / sq.feet followed by "Townhouse" priced at $129 / sq.feet. "Commercial" is the cheapest type of property with a $141 / sq.feet value followed by "Townhouse" with an average price of $129 / sq.feet.