The prices in real estate in Port Deposit, 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 Port Deposit has increased strongly during the last 6 months. In July, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $157. The price for the following two months in (September, October) had a considerable increment of 203 %. The price per sq.feet has had a considerable increase of 126 % 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 $118.75 to $150 during November, and December.
Based upon to the price in Port Deposit (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is . During August the price went through a considerable rise reaching $290,504. During the following two months (September, October) the average price had a considerable increase of 168 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 133 % 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 2 % cheaper than the average price of $292,542 in Port Deposit. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 2 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 52 % cheaper than the average price of ($74 / sq.feet) in Port Deposit. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 52 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $297,112 it is 3 % cheaper than the average price in Port Deposit. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $289,551 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $74 / sq.feet followed by "Condo" priced at $107 / sq.feet. "Condo" is the cheapest type of property with a $107 / sq.feet value followed by "House" with an average price of $74 / sq.feet.