The prices in real estate in Sandy Spring, 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 Sandy Spring has increased strongly during the last 6 months. In November, the average price per sq.feet was $350. In December this price pretty much remained the same at a value of $360 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 4980 %. The price per sq.feet has had a considerable increase of 421 % 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 $9,016.5 to $37,927 during March, and April.
Based upon to the price in Sandy Spring (cities), these have remained the same in the last 6 months. The average price during our first sample month during November, is $909,459. During December the price went through a considerable rise reaching $1,079,656. In the following two months the average price has remained the same with regard to the previous two months from $994,557.5 to $998,226. During the last two months the average price has had a strong fall compared to the previous four going from $996,391.75 to $708,154.5, which means a 71 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 39 % more costly than the average price of $837,468 in Sandy Spring. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 39 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 100 % cheaper than the average price of ($145 / sq.feet) in Sandy Spring. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 100 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Sandy Spring we can see that most expensive property type is "House" at a price of $837,468, they are 39 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 39 % more expensive 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 $145 / sq.feet. "House" with an average cost of $145 / sq.feet has the lowest price and would be directed at less affluent cities.