The prices in real estate in West River, 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 West River has increased strongly during the last 6 months. In February, the average price per sq.feet was $285. In the following month the price per sq.feet increased considerably to $420. The price for the following two months in (April, May) decreased 90 % with regard to the prior two months. The price per sq.feet has decreased 91 % 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 $334.5 to $304.5 during June, and July.
Based upon to the price in West River (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $640,011. During March the price went through a considerable rise reaching $1,329,149. In the following two months the average price has remained the same with regard to the previous two months from $984,580 to $1,024,807.5. 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 $1,004,693.75 and $959,693.5 between June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $1,014,100 they are 11 % more expensive than the average price for West River. Following this ranking we find those properties with 1 at an average price of $1,254,693. The properties with the highest average price have 1 bedroom, Their price is 24 % more costly than the average. After that we have properties with 2 bedrooms priced at $1,123,651.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $957 / sq.feet, with an average $307 / sq.feet price in West River. The properties with the highest average prices have 1 bedroom. They are 1091 % more expensive than the average followed by properties with 2 bedrooms with a price at $957 / 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 $1,123,651, they are 11 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 11 % 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 $957 / sq.feet. "House" at an average price of $957 / sq.feet has the most expensive price and would be directed at more affluent cities.