The prices in real estate in New Windsor, 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 New Windsor has increased strongly during the last 6 months. In December, the average price per sq.feet was $209. In January this price pretty much remained the same at a value of $211 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from $210 to $237.5 per sq.feet. The price per sq.feet has had a considerable increase of 117 % 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 $223.75 to $261 during April, and May.
Based upon to the price in New Windsor (cities), this has gone up considerably in the last 6 months. The price in December is $495,703, rising in January till $545,921. During the following two months (February, March) the average price had a considerable increase of 118 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $662,768 they are 74 % more affordable than the average price for New Windsor. The properties with the lowest average price have 2 bedrooms, Their price is 39 % cheaper than the average. After that we have properties with 1 bedroom priced at $173,410.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $141 / sq.feet, with an average $274 / sq.feet price in New Windsor. The properties with the lowest average prices have 1 bedroom. They are 34 % cheaper than the average followed by properties with 2 bedrooms with a price at $141 / sq.feet.
With regard to the average price based upon the property in New Windsor we can see that the cheapest property type is "House" at a price of $407,074, they are 39 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 39 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $141 / sq.feet. "House" with an average cost of $141 / sq.feet has the lowest price and would be directed at less affluent cities.