The prices in real estate in Lothian, 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 Lothian has fallen in the last 6 months. In June, the average price per sq.feet was $199. In the following month the price per sq.feet decreased considerably to $130. In the following two months the price per sq.feet has increased 106 %, going from $164.5 to $175 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 $169.75 to $184 during October, and November.
Based upon to the price in Lothian (cities), this has fallen considerably in the last 6 months. The average price for June is $873,593. During July the price had a considerable reduction till $441,406. During the following two months (August, September) the average price fell 88 % with regard to the previous two months. 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 $618,539.25 and $633,632.5 between October and November.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $613,236 they are 75 % more affordable than the average price for Lothian. The properties with the highest average price have 4 bedrooms, Their price is 54 % more costly than the average. After that we have properties with 3 bedrooms priced at $381,246.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $142 / sq.feet, with an average $180 / sq.feet price in Lothian. The properties with the highest average prices have 4 bedrooms. They are 17 % more expensive than the average followed by properties with 1 bedroom with a price at $183 / sq.feet.
With regard to the average price based upon the property in Lothian we can see that most expensive property type is "House" at a price of $697,777, they are 14 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 14 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $195 / sq.feet. "House" at an average price of $195 / sq.feet has the most expensive price and would be directed at more affluent cities.