Property prices for sale in Upper Marlboro (Maryland)
The prices in real estate in Upper Marlboro, 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 Upper Marlboro has increased strongly during the last 6 months. In October, the average price per sq.feet was $382. In the following month the price per sq.feet increased considerably to $1,074. The price for the following two months in (December, January) had a considerable decrease of 76 with regard to the prior two months. The price per sq.feet has had a considerable increase of 135 % 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 $641.75 to $867.5 during February, and March.
Based upon to the price in Upper Marlboro (cities), these have remained the same in the last 6 months. The average price for October is $536,648. During November the price had a slight fall till $506,365. In the following two months the average price has remained the same with regard to the previous two months from $521,506.5 to $514,207.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $517,857 and $514,289.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $515,477 they are 65 % more affordable than the average price for Upper Marlboro. The properties with the highest average price have 4 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 3 bedrooms priced at $495,096.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $245 / sq.feet, with an average $1,505 / sq.feet price in Upper Marlboro. The properties with the highest average prices have 4 bedrooms. They are 66 % more expensive than the average followed by properties with 3 bedrooms with a price at $256 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $515,477 it is 44 % cheaper than the average price in Upper Marlboro. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $591,702 it is 45 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $228 / sq.feet followed by "Detached House" priced at $239 / sq.feet. "Land" is the most costly type of property with a $33,088 / sq.feet cost followed by "House" with an average price of $3,608 / sq.feet.
