The prices in real estate in Welcome, 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 Welcome has increased strongly during the last 6 months. In November, the average price per sq.feet was $253. In December this price pretty much remained the same at a value of $244 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 7227 %. The price per sq.feet has had a considerable increase of 186 % 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 $9,104.25 to $16,938 during March, and April.
Based upon to the price in Welcome (cities), this has fallen considerably in the last 6 months. The average price for November is $750,847. During December the price had a considerable reduction till $607,832. During the following two months (January, February) the average price had a considerable reduction of 75 % 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 $593,643.75 to $226,507, which means a 38 % fall.