Property prices for sale in Ridgely (Maryland)

The price per sq.feet in Ridgely has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $10,670. In the following month the price per sq.feet decreased considerably to $240. The price for the following two months in (May, June) had a considerable decrease of 12 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 25 % 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 $3,064 to $774 during July, and August.

Based upon to the price in Ridgely (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $268,423. During April the price went through a considerable rise reaching $342,686. During the following two months (May, June) the price has had an average incrementation from $305,554.5 to $346,396. Based on an analysis of the first four prices and the last two months the average price has risen strongly 123 % during the last two months.

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $412,065 they are 52 % more affordable than the average price for Ridgely. The properties with the lowest average price have 3 bedrooms, Their price is 27 % cheaper than the average. After that we have properties with 2 bedrooms priced at $268,716.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $85 / sq.feet, with an average $210 / sq.feet price in Ridgely. The properties with the lowest average prices have 3 bedrooms. They are 40 % cheaper than the average followed by properties with 1 bedroom with a price at $120 / 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 $222,902, they are 46 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 46 % 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 $85 / sq.feet. "House" with an average cost of $85 / sq.feet has the lowest price and would be directed at less affluent cities.