Property prices for sale in Shady Side (Maryland)
The prices in real estate in Shady Side, 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 Shady Side has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,812. In the following month the price per sq.feet decreased considerably to $284. The price for the following two months in (December, January) had a considerable increment of 289 %. The price per sq.feet has had a considerable increase of 1430 % 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 $2,036.75 to $29,117.5 during February, and March.
Based upon to the price in Shady Side (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $468,225. In November This price remains at $447,134. During the following two months (December, January) the average price had a considerable increase of 116 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 127 % 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 $577,514 they are 66 % more affordable than the average price for Shady Side. The properties with the highest average price have 4 bedrooms, Their price is 3 % more costly than the average. After that we have properties with 3 bedrooms priced at $448,495.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $245 / sq.feet, with an average $31,308 / sq.feet price in Shady Side. The properties with the lowest average prices have 2 bedrooms. They are 99 % cheaper than the average followed by properties with 1 bedroom with a price at $374 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $577,514 it is 26 % cheaper than the average price in Shady Side. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $427,761 it is 24 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $132 / sq.feet followed by "House" priced at $262 / sq.feet. "House" is the cheapest type of property with a $262 / sq.feet value followed by "Townhouse" with an average price of $132 / sq.feet.
