Property prices for sale in Mount Airy (Maryland)
The prices in real estate in Mount Airy, 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 Mount Airy has increased strongly during the last 6 months. In October, the average price per sq.feet was $278. In the following month the price per sq.feet decreased to $264. The price for the following two months in (December, January) had a considerable increment of 173 %. The price per sq.feet has had a considerable increase of 353 % 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 $369.75 to $1,305 during February, and March.
Based upon to the price in Mount Airy (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $619,520. In November This price remains at $625,947. In the following two months the average price has remained the same with regard to the previous two months from $622,733.5 to $621,576. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $734,751 they are 57 % more affordable than the average price for Mount Airy. The properties with the lowest average price have 4 bedrooms, Their price is 21 % cheaper than the average. After that we have properties with 3 bedrooms priced at $457,677.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $146 / sq.feet, with an average $1,186 / sq.feet price in Mount Airy. The properties with the lowest average prices have 1 bedroom. They are 79 % cheaper than the average followed by properties with 2 bedrooms with a price at $181 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $734,751 it is 71 % cheaper than the average price in Mount Airy. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $396,371 it is 29 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $151 / sq.feet followed by "Condo" priced at $2,050 / sq.feet. "Townhouse" is the most costly type of property with a $5,521 / sq.feet cost followed by "Condo" with an average price of $2,050 / sq.feet.
