Property prices for sale in Port Tobacco (Maryland)
The prices in real estate in Port Tobacco, 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 Tobacco has increased strongly during the last 6 months. In November, the average price per sq.feet was $183. In the following month the price per sq.feet decreased to $160. The price for the following two months in (January, February) had a considerable increment of 1757 %. The price per sq.feet has had a considerable deflation of 14 % 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 $1,592.5 to $222.5 during March, and April.
Based upon to the price in Port Tobacco (cities), this has fallen considerably in the last 6 months. The average price for November is $720,808. During December the price had a considerable reduction till $485,965. During the following two months (January, February) the average price fell 93 % with regard to the previous two months. 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 $581,611.5 and $566,272.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $574,846 they are 24 % more affordable than the average price for Port Tobacco. The properties with the lowest average price have 1 bedroom, Their price is 23 % cheaper than the average. After that we have properties with 2 bedrooms priced at $438,735.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $83 / sq.feet, with an average $223 / sq.feet price in Port Tobacco. The properties with the lowest average prices have 1 bedroom. They are 61 % cheaper than the average followed by properties with 2 bedrooms with a price at $83 / sq.feet.
With regard to the average price based upon the property in Port Tobacco we can see that the cheapest property type is "House" at a price of $438,735, they are 24 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 24 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $83 / sq.feet. "House" with an average cost of $83 / sq.feet has the lowest price and would be directed at less affluent cities.
