The prices in real estate in Sykesville, in the Maryland region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Sykesville has remained the same in the last 6 months. In February, the average price per sq.feet was $189. In March this price pretty much remained the same at a value of $189 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $189 to $189.5 per sq.feet. The price per sq.feet has increased 108 % 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 $189.25 to $203.5 during June, and July.
Based upon to the price in Sykesville (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $478,276. In March This price remains at $482,246. During the following two months (April, May) the average price had a considerable increase of 160 % 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 129 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $674,085 they are 61 % more affordable than the average price for Sykesville. The properties with the highest average price have 1 bedroom, Their price is 16 % more costly than the average. After that we have properties with 4 bedrooms priced at $543,540.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $179 / sq.feet, with an average $203 / sq.feet price in Sykesville. The properties with the lowest average prices have 2 bedrooms. They are 6 % cheaper than the average followed by properties with 3 bedrooms with a price at $190 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $674,085 it is 42 % cheaper than the average price in Sykesville. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $600,167 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $169 / sq.feet followed by "House" priced at $183 / sq.feet. "Townhouse" is the most costly type of property with a $2,118 / sq.feet cost followed by "House" with an average price of $183 / sq.feet.