The prices in real estate in Perryville, 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.
The price per sq.feet in Perryville has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $2,037. In the following month the price per sq.feet decreased considerably to $235. The price for the following two months in (December, January) had a considerable decrease of 21 with regard to the prior two months. The price per sq.feet has had a considerable increase of 155 % 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 $685.25 to $1,061.5 during February, and March.
Based upon to the price in Perryville (cities), these have remained the same in the last 6 months. The price in October is $406,292, rising in November till $427,668. In the following two months the average price has remained the same with regard to the previous two months from $416,980 to $419,076.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $418,028.25 and $430,651 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $424,259 they are 77 % more affordable than the average price for Perryville. The properties with the lowest average price have 4 bedrooms, Their price is 8 % cheaper than the average. After that we have properties with 3 bedrooms priced at $300,531.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $56 / sq.feet, with an average $1,188 / sq.feet price in Perryville. The properties with the lowest average prices have 2 bedrooms. They are 91 % cheaper than the average followed by properties with 3 bedrooms with a price at $96 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $424,259 it is 71 % cheaper than the average price in Perryville. "Commercial" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $240,651 it is 26 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $30 / sq.feet followed by "Commercial" priced at $47 / sq.feet. "Condo" is the cheapest type of property with a $106 / sq.feet value followed by "House" with an average price of $98 / sq.feet.