Property prices for sale in Princess Anne (Maryland)
The prices in real estate in Princess Anne, 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 Princess Anne has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,158. In the following month the price per sq.feet decreased considerably to $180. The price for the following two months in (December, January) had a considerable increment of 474 %. The price per sq.feet has had a considerable increase of 269 % 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 $1,919.75 to $5,165.5 during February, and March.
Based upon to the price in Princess Anne (cities), this has fallen considerably in the last 6 months. The average price for October is $309,622. During November the price had a slight fall till $269,026. During the following two months (December, January) the average price had a considerable reduction of 81 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $261,603.25 to $221,046, which means a 84 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $222,022 they are 29 % more affordable than the average price for Princess Anne. The properties with the highest average price have 1 bedroom, Their price is 39 % more costly than the average. After that we have properties with 4 bedrooms priced at $278,930.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $56 / sq.feet, with an average $6,075 / sq.feet price in Princess Anne. The properties with the lowest average prices have 1 bedroom. They are 97 % cheaper than the average followed by properties with 2 bedrooms with a price at $78 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $222,022 it is 56 % 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 $97,314 it is 26 % 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 $17 / sq.feet followed by "House" priced at $44 / sq.feet. "Duplex" is the cheapest type of property with a $54 / sq.feet value followed by "House" with an average price of $44 / sq.feet.
