Property prices for sale in Pocomoke City (Maryland)
The prices in real estate in Pocomoke City, 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 Pocomoke City has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $669. In the following month the price per sq.feet decreased considerably to $167. The price for the following two months in (January, February) had a considerable decrease of 63 with regard to the prior two months. The price per sq.feet has had a considerable increase of 135 % 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 $341.5 to $460.5 during March, and April.
Based upon to the price in Pocomoke City (cities), this has gone up in the last 6 months. The average price during our first sample month during November, is $214,716. During December the price went through a considerable rise reaching $270,370. In the following two months the average price has remained the same with regard to the previous two months from $242,543 to $236,660. 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 $239,601.5 and $239,162.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $251,934 they are 64 % more affordable than the average price for Pocomoke City. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 3 bedrooms priced at $195,333.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $50 / sq.feet, with an average $183 / sq.feet price in Pocomoke City. The properties with the lowest average prices have 4 bedrooms. They are 41 % cheaper than the average followed by properties with 3 bedrooms with a price at $94 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $251,934 it is 45 % cheaper than the average price in Pocomoke City. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $138,463 it is 30 % 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 $25 / sq.feet followed by "House" priced at $82 / sq.feet. "House" is the cheapest type of property with a $82 / sq.feet value followed by "Farm" with an average price of $25 / sq.feet.
