Property prices for sale in Middle River (Maryland)
The prices in real estate in Middle River, in the Maryland region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Middle River has remained the same in the last 6 months. In November, the average price per sq.feet was $204. In December this price pretty much remained the same at a value of $201 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $202.5 to $203.5 per sq.feet. The price per sq.feet has increased 110 % 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 $203 to $223.5 during March, and April.
Based upon to the price in Middle River (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $360,022. In December This price remains at $349,750. In the following two months the average price has remained the same with regard to the previous two months from $354,886 to $352,562.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 126 % 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 $455,375 they are 45 % more affordable than the average price for Middle River. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $343,814.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $210 / sq.feet, with an average $228 / sq.feet price in Middle River. The properties with the highest average prices have 1 bedroom. They are 13 % more expensive than the average followed by properties with 2 bedrooms with a price at $222 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $455,375 it is 41 % cheaper than the average price in Middle River. "Commercial" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Apartment". At a price of $395,877 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $104 / sq.feet followed by "Townhouse" priced at $125 / sq.feet. "House" is the most costly type of property with a $259 / sq.feet cost followed by "Condo" with an average price of $220 / sq.feet.
