Property prices for sale in Pittsville (Maryland)
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 $847. In the following month the price per sq.feet decreased to $798. The price for the following two months in (December, January) had a considerable increment of 254 %. The price per sq.feet has had a considerable increase of 1120 % 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 $1,457 to $16,321.5 during February, and March.
Based upon to the price in Pittsville (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $378,315. In November This price remains at $385,782. In the following two months the average price has remained the same with regard to the previous two months from $382,048.5 to $392,571.5. During the last two months the average price has had a strong fall compared to the previous four going from $387,310 to $298,672, which means a 77 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $289,534 they are 68 % more affordable than the average price for Pittsville. The properties with the lowest average price have 2 bedrooms, Their price is 25 % cheaper than the average. After that we have properties with 1 bedroom priced at $92,927.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $66 / sq.feet, with an average $15,834 / sq.feet price in Pittsville. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 2 bedrooms with a price at $66 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $289,534 it is 60 % 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 $116,747 it is 25 % 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 $28 / sq.feet followed by "House" priced at $66 / sq.feet. "House" is the cheapest type of property with a $66 / sq.feet value followed by "Commercial" with an average price of $28 / sq.feet.
