Property prices for sale in Park Hall (Maryland)

The prices in real estate in Park Hall, in the Maryland region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$1,784,448
Average price last 6 months
$1,284
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Park Hall has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $4,272. In the following month the price per sq.feet decreased considerably to $463. The price for the following two months in (December, January) had a considerable decrease of 5 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 7 % 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 $1,243 to $82 during February, and March.

Average price

Based upon to the price in Park Hall (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $2,072,000. In November This price remains at $1,993,625. During the following two months (December, January) the average price had a considerable reduction of 60 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,621,448 to $326,000, which means a 20 % fall.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Park Hall
Number of properties used in region Maryland
$652,000
$164
58
365,146
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value