The prices in real estate in Mount Rainier, in the Maryland region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Mount Rainier has increased during the last 6 months. In October, the average price per sq.feet was $240. In the following month the price per sq.feet increased considerably to $283. In the following two months the price per sq.feet has barely changed, going from $261.5 to $261 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $261.25 to $264.5 during February y March
Based upon to the price in Mount Rainier (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $438,137. During November the price went through a considerable rise reaching $550,300. In the following two months the average price has remained the same with regard to the previous two months from $494,218.5 to $515,403. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $504,810.75 to $479,514.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $482,129 they are 30 % more affordable than the average price for Mount Rainier. The properties with the lowest average price have 1 bedroom, Their price is 29 % cheaper than the average. After that we have properties with 2 bedrooms priced at $341,050.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $3,923 / sq.feet, with an average $268 / sq.feet price in Mount Rainier. The properties with the highest average prices have 1 bedroom. They are 1383 % more expensive than the average followed by properties with 2 bedrooms with a price at $3,943 / sq.feet.
With regard to the average price based upon the property in Mount Rainier we can see that the cheapest property type is "Condo" at a price of $339,345, they are 30 % more affordable than the average price of (!PRECIO2!). "Condo" has the lowest price. This price is 30 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Condo with an average price of $3,923 / sq.feet. "Condo" at an average price of $3,923 / sq.feet has the most expensive price and would be directed at more affluent cities.