The prices in real estate in Parkville, 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 Parkville has increased strongly during the last 6 months. In May, the average price per sq.feet was $141. In the following month the price per sq.feet increased to $152. The price for the following two months in (July, August) had a considerable increment of 151 %. The price per sq.feet has had a considerable deflation of 80 % 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 $183.5 to $147 during September, and October.
Based upon to the price in Parkville (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during May, is $227,932. During June the price went through a considerable rise reaching $262,413. During the following two months (July, August) the price has had an average incrementation from $245,172.5 to $277,113.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 122 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 31 % cheaper than the average price of $224,749 in Parkville. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 31 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 7 % cheaper than the average price of ($139 / sq.feet) in Parkville. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 7 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $326,915 it is 31 % cheaper than the average price in Parkville. "Duplex" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "Villa". At a price of $377,613 it is 66 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $139 / sq.feet followed by "Farm" priced at $181 / sq.feet. "Villa" is the most costly type of property with a $2,127 / sq.feet cost followed by "Condo" with an average price of $2,124 / sq.feet.