Property prices for sale in Middle River (Maryland)
The prices in real estate in Middle River, in the Maryland region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Middle River has fallen in the last 6 months. In August, the average price per sq.feet was $167. In September this price pretty much remained the same at a value of $162 per sq.feet. The price for the following two months in (October, November) decreased 91 % with regard to the prior two months. The price per sq.feet has decreased 85 % 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 $157.5 to $134.5 during December, and January.
Based upon to the price in Middle River (cities), this has fallen considerably in the last 6 months. In our first sample month during August, the average price is $438,286. In September This price remains at $444,047. During the following two months (October, November) the average price had a considerable reduction of 83 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $403,723.5 to $264,407, which means a 65 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $270,486 they are 17 % more affordable than the average price for Middle River. The properties with the highest average price have 4 bedrooms, Their price is 93 % more costly than the average. After that we have properties with 3 bedrooms priced at $340,006.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $160 / sq.feet, with an average $145 / sq.feet price in Middle River. The properties with the highest average prices have 1 bedroom. They are 157 % more expensive than the average followed by properties with 2 bedrooms with a price at $219 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most costly one. At an cost of $270,486 it is 2 % more expensive than the average price in Middle River. "Villa" is seen as the second dearest property type. The dearest property type is "House" followed by "Commercial". At a price of $310,487 it is 75 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $141 / sq.feet followed by "Commercial" priced at $143 / sq.feet. "House" is the most costly type of property with a $166 / sq.feet cost followed by "Townhouse" with an average price of $149 / sq.feet.
