The prices in real estate in West River, 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 West River has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,256. In the following month the price per sq.feet decreased considerably to $311. The price for the following two months in (December, January) had a considerable decrease of 41 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 54 % 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 $550.5 to $296 during February, and March.
Based upon to the price in West River (cities), these have remained the same in the last 6 months. The average price for October is $750,404. During November the price had a slight fall till $674,321. During the following two months (December, January) the price has had an average incrementation from $712,362.5 to $816,201. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $738,878 they are 49 % more expensive than the average price for West River. Following this ranking we find those properties with 1 at an average price of $1,235,997. The properties with the highest average price have 1 bedroom, Their price is 67 % more costly than the average. After that we have properties with 2 bedrooms priced at $1,102,483.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $938 / sq.feet, with an average $273 / sq.feet price in West River. The properties with the highest average prices have 1 bedroom. They are 1218 % more expensive than the average followed by properties with 2 bedrooms with a price at $938 / sq.feet.
With regard to the average price based upon the property in West River we can see that most expensive property type is "House" at a price of $1,102,483, they are 49 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 49 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $938 / sq.feet. "House" at an average price of $938 / sq.feet has the most expensive price and would be directed at more affluent cities.