The prices in real estate in Riva, 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 Riva has increased strongly during the last 6 months. In August, the average price per sq.feet was $233. In the following month the price per sq.feet increased to $254. The price for the following two months in (October, November) had a considerable increment of 1330 %. The price per sq.feet has had a considerable deflation of 12 % 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 $1,740.5 to $202.5 during December, and January.
Based upon to the price in Riva (cities), this has gone up in the last 6 months. In our first sample month during August, the average price is $520,220. In September This price remains at $531,593. During the following two months (October, November) the average price had a considerable increase of 126 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $594,374.5 to $535,050 in December and January.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 7 % more costly than the average price of $561,742 in Riva. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 7 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 23 % more costly than the average price of ($223 / sq.feet) in Riva. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 23 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Riva we can see that most expensive property type is "House" at a price of $561,742, they are 7 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 7 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $223 / sq.feet. "House" at an average price of $223 / sq.feet has the most expensive price and would be directed at more affluent cities.