The prices in real estate in Nanjemoy, 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 Nanjemoy has increased strongly during the last 6 months. In October, the average price per sq.feet was $2,894. In the following month the price per sq.feet decreased considerably to $920. The price for the following two months in (December, January) had a considerable increment of 170 %. The price per sq.feet has had a considerable increase of 300 % 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 $2,576.75 to $7,721 during February, and March.
Based upon to the price in Nanjemoy (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $331,322. During November the price went through a considerable rise reaching $422,213. During the following two months (December, January) the price has had an average incrementation from $376,767.5 to $401,725.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $389,246.5 to $347,483 in February and March.