The prices in real estate in Mc Henry, 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 Mc Henry has increased strongly during the last 6 months. In October, the average price per sq.feet was $2,407. In the following month the price per sq.feet increased considerably to $3,231. In the following two months the price per sq.feet has increased 112 %, going from $2,819 to $3,148 per sq.feet. The price per sq.feet has had a considerable increase of 163 % 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 $2,983.5 to $4,850 during February, and March.
Based upon to the price in Mc Henry (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $442,510. In November This price remains at $455,604. During the following two months (December, January) the average price had a considerable increase of 126 % 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 $507,202 and $511,442 between February and March.