The prices in real estate in Pittsville, 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 Pittsville has increased strongly during the last 6 months. In October, the average price per sq.feet was $158. In the following month the price per sq.feet increased considerably to $383. The price for the following two months in (December, January) decreased 93 % with regard to the prior two months. The price per sq.feet has decreased 90 % 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 $261 to $234.5 during February, and March.
Based upon to the price in Pittsville (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $287,999. During November the price went through a considerable rise reaching $641,678. In the following two months the average price has remained the same with regard to the previous two months from $464,838.5 to $461,903. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 85 %, going from $463,370.75 to $396,079 in February and March.
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 $223,833 in Pittsville. 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 51 % cheaper than the average price of ($102 / sq.feet) in Pittsville. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 51 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $324,439 it is 63 % cheaper than the average price in Pittsville. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $121,046 it is 31 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $64 / sq.feet followed by "House" priced at $102 / sq.feet. "House" is the cheapest type of property with a $102 / sq.feet value followed by "Commercial" with an average price of $64 / sq.feet.