Property prices for sale in Welcome (Maryland)
The prices in real estate in Welcome, in the Maryland region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Welcome has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $178. In the following month the price per sq.feet decreased to $154. The price for the following two months in (May, June) had a considerable decrease of 45 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 63 % 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 $120.75 to $75.5 during July, and August.
Based upon to the price in Welcome (cities), this has fallen considerably in the last 6 months. The price in March is $531,757, rising in April till $578,806. During the following two months (May, June) the average price had a considerable reduction of 55 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $430,140.75 to $305,000, which means a 71 % fall.
