Property prices for sale in Ridgely (Maryland)
The prices in real estate in Ridgely, 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 Ridgely has increased strongly during the last 6 months. In October, the average price per sq.feet was $8,170. In the following month the price per sq.feet decreased considerably to $5,114. The price for the following two months in (December, January) had a considerable increment of 164 %. The price per sq.feet has had a considerable increase of 134 % 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 $8,761.25 to $11,710 during February, and March.
Based upon to the price in Ridgely (cities), these have remained the same in the last 6 months. The price in October is $283,673, rising in November till $319,063. In the following two months the average price has remained the same with regard to the previous two months from $301,368 to $309,550.5. During the last two months the average price has had a strong fall compared to the previous four going from $305,459.25 to $259,224, which means a 85 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $268,423 they are 25 % more affordable than the average price for Ridgely. The properties with the highest average price have 3 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 2 bedrooms priced at $270,066.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $90 / sq.feet, with an average $10,670 / sq.feet price in Ridgely. The properties with the lowest average prices have 3 bedrooms. They are 99 % cheaper than the average followed by properties with 1 bedroom with a price at $125 / sq.feet.
With regard to the average price based upon the property in Ridgely we can see that the cheapest property type is "House" at a price of $224,023, they are 17 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 17 % 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 $90 / sq.feet. "House" with an average cost of $90 / sq.feet has the lowest price and would be directed at less affluent cities.
