The prices in real estate in Maryland, in the New York region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Maryland has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $697. In the following month the price per sq.feet decreased considerably to $151. The price for the following two months in (December, January) had a considerable decrease of 65 with regard to the prior two months. The price per sq.feet has had a considerable increase of 137 % 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 $350.25 to $480.5 during February, and March.
Based upon to the price in Maryland (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $203,039. During November the price went through a considerable rise reaching $304,629. During the following two months (December, January) the price has had an average incrementation from $253,834 to $270,375. 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 $262,104.5 and $265,657.5 between February and March.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 46 % cheaper than the average price of $149,300 in Maryland. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 46 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 61 % cheaper than the average price of ($163 / sq.feet) in Maryland. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 61 % cheaper than the average value aforementioned.