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 June, the average price per sq.feet was $149. In the following month the price per sq.feet increased considerably to $174. The price for the following two months in (August, September) had a considerable increment of 120 %. The price per sq.feet has had a considerable increase of 148 % 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 $177.25 to $261.5 during October, and November.
Based upon to the price in Sandy Spring (cities), this has fallen considerably in the last 6 months. The average price for June is $1,008,267. During July the price had a considerable reduction till $777,475. During the following two months (August, September) the average price fell 90 % 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 94 %, going from $848,160.5 to $793,066.5 in October and November.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 27 % more costly than the average price of $872,556 in Sandy Spring. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 27 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 38 % cheaper than the average price of ($186 / 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 38 % 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 $872,556, they are 27 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 27 % 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 $186 / sq.feet. "House" with an average cost of $186 / sq.feet has the lowest price and would be directed at less affluent cities.