The prices in real estate in New Market, 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 New Market has increased during the last 6 months. In April, the average price per sq.feet was $176. In the following month the price per sq.feet increased to $187. In the following two months the price per sq.feet has barely changed, going from $181.5 to $189 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 $185.25 to $183 during August y September
Based upon to the price in New Market (cities), this has gone downing the last 6 months. In our first sample month during April, the average price is $527,954. In May This price remains at $525,636. In the following two months the average price has remained the same with regard to the previous two months from $526,795 to $535,556. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $531,175.5 to $455,159.5 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $451,163 they are 37 % more affordable than the average price for New Market. The properties with the highest average price have 4 bedrooms, Their price is 3 % more costly than the average. After that we have properties with 1 bedroom priced at $412,090.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $145 / sq.feet, with an average $181 / sq.feet price in New Market. The properties with the highest average prices have 2 bedrooms. They are 2 % more expensive than the average followed by properties with 1 bedroom with a price at $159 / sq.feet.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $451,163 it is 15 % cheaper than the average price in New Market. "House" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Commercial Property". At a price of $421,969 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Villa" at an average cost of $139 / sq.feet followed by "Condo" priced at $148 / sq.feet. "House" is the cheapest type of property with a $153 / sq.feet value followed by "Condo" with an average price of $148 / sq.feet.