The prices in real estate in Princess Anne, in the Maryland region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Princess Anne has increased during the last 6 months. In January, the average price per sq.feet was $115. In February this price pretty much remained the same at a value of $114 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $114.5 to $115 per sq.feet. The price per sq.feet has had a considerable increase of 129 % 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 $114.75 to $148 during May, and June.
Based upon to the price in Princess Anne (cities), this has gone up considerably in the last 6 months. In our first sample month during January, the average price is $219,478. In February This price remains at $212,275. During the following two months (March, April) the average price had a considerable increase of 147 % 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 190 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $410,529 they are 58 % more affordable than the average price for Princess Anne. The properties with the highest average price have 1 bedroom, Their price is 182 % more costly than the average. After that we have properties with 2 bedrooms priced at $172,603.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $89 / sq.feet, with an average $143 / sq.feet price in Princess Anne. The properties with the highest average prices have 1 bedroom. They are 548 % more expensive than the average followed by properties with 2 bedrooms with a price at $89 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $410,529 it is 75 % cheaper than the average price in Princess Anne. "Duplex" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Duplex". At a price of $101,818 it is 58 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $62 / sq.feet followed by "House" priced at $89 / sq.feet. "Duplex" is the cheapest type of property with a $99 / sq.feet value followed by "House" with an average price of $89 / sq.feet.