Property prices for sale in Sparrows Point (Maryland)
The prices in real estate in Sparrows Point, in the Maryland region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Sparrows Point has increased during the last 6 months. In October, the average price per sq.feet was $225. In the following month the price per sq.feet increased to $243. In the following two months the price per sq.feet has barely changed, going from $234 to $223.5 per sq.feet. The price per sq.feet has had a considerable increase of 128 % 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 $228.75 to $292 during February, and March.
Based upon to the price in Sparrows Point (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $393,586. During November the price went through a considerable rise reaching $465,951. In the following two months the average price has remained the same with regard to the previous two months from $429,768.5 to $424,221.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 151 % 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 $798,426 they are 75 % more affordable than the average price for Sparrows Point. The properties with the lowest average price have 4 bedrooms, Their price is 18 % cheaper than the average. After that we have properties with 3 bedrooms priced at $441,233.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $153 / sq.feet, with an average $311 / sq.feet price in Sparrows Point. The properties with the lowest average prices have 3 bedrooms. They are 21 % cheaper than the average followed by properties with 4 bedrooms with a price at $243 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $798,426 it is 60 % cheaper than the average price in Sparrows Point. "House" is seen as the second most affordable property type. The cheapest type property is "Detached House" followed by "House". At a price of $438,879 it is 43 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $223 / sq.feet followed by "Detached House" priced at $236 / sq.feet. "Townhouse" is the most costly type of property with a $2,138 / sq.feet cost followed by "Detached House" with an average price of $236 / sq.feet.
