The prices in real estate in Lusby, 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 Lusby has increased during the last 6 months. In February, the average price per sq.feet was $158. In March this price pretty much remained the same at a value of $164 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $161 to $171.5 per sq.feet. 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 $166.25 to $178 during June, and July.
Based upon to the price in Lusby (cities), these have remained the same in the last 6 months. In our first sample month during February, the average price is $282,746. In March This price remains at $272,890. In the following two months the average price has remained the same with regard to the previous two months from $277,818 to $288,357. 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 $283,087.5 and $296,224 between June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $293,329 they are 20 % more affordable than the average price for Lusby. The properties with the highest average price have 4 bedrooms, Their price is 21 % more costly than the average. After that we have properties with 3 bedrooms priced at $310,922.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $133 / sq.feet, with an average $180 / sq.feet price in Lusby. The properties with the highest average prices have 1 bedroom. They are 66 % more expensive than the average followed by properties with 2 bedrooms with a price at $165 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $293,329 it is 60 % cheaper than the average price in Lusby. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $218,006 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $66 / sq.feet followed by "Commercial" priced at $107 / sq.feet. "Land" is the most costly type of property with a $826 / sq.feet cost followed by "House" with an average price of $151 / sq.feet.