Property prices for sale in Lothian (Maryland)
The prices in real estate in Lothian, 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 Lothian has increased strongly during the last 6 months. In January, the average price per sq.feet was $147. In the following month the price per sq.feet increased to $158. The price for the following two months in (March, April) had a considerable increment of 147 %. The price per sq.feet has increased 107 % 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 $188.25 to $202 during May, and June.
Based upon to the price in Lothian (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $368,184. During February the price went through a considerable rise reaching $447,268. During the following two months (March, April) the average price had a considerable increase of 176 % 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 gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $637,166 they are 76 % more affordable than the average price for Lothian. The properties with the highest average price have 4 bedrooms, Their price is 45 % more costly than the average. After that we have properties with 3 bedrooms priced at $374,058.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $123 / sq.feet, with an average $210 / sq.feet price in Lothian. The properties with the lowest average prices have 4 bedrooms. They are 9 % cheaper than the average followed by properties with 1 bedroom with a price at $164 / 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 $684,628, they are 7 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 7 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $176 / sq.feet. "House" with an average cost of $176 / sq.feet has the lowest price and would be directed at less affluent cities.
