Property prices for sale in Queenstown (Maryland)
The prices in real estate in Queenstown, 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 Queenstown has increased strongly during the last 6 months. In October, the average price per sq.feet was $337. In the following month the price per sq.feet increased to $376. In the following two months the price per sq.feet has increased 113 %, going from $356.5 to $404.5 per sq.feet. The price per sq.feet has had a considerable increase of 116 % 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 $380.5 to $439.5 during February, and March.
Based upon to the price in Queenstown (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $915,449. During November the price went through a considerable rise reaching $1,569,517. During the following two months (December, January) the average price had a considerable increase of 138 % 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 120 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $1,868,094 they are 60 % more affordable than the average price for Queenstown. The properties with the highest average price have 1 bedroom, Their price is 38 % more costly than the average. After that we have properties with 2 bedrooms priced at $2,280,669.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $326 / sq.feet, with an average $463 / sq.feet price in Queenstown. The properties with the highest average prices have 1 bedroom. They are 251 % more expensive than the average followed by properties with 2 bedrooms with a price at $1,435 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,868,094 it is 39 % cheaper than the average price in Queenstown. "Land" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "House". At a price of $1,136,534 it is 35 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $334 / sq.feet followed by "House" priced at $372 / sq.feet. "House" is the cheapest type of property with a $372 / sq.feet value followed by "Land" with an average price of $334 / sq.feet.
