The prices in real estate in West River, in the Maryland region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in West River has remained the same in the last 6 months. In April, the average price per sq.feet was $244. In the following month the price per sq.feet increased considerably to $387. In the following two months the price per sq.feet has barely changed, going from $315.5 to $313.5 per sq.feet. The price per sq.feet has had a considerable deflation of 36 % 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 $314.5 to $114.5 during August, and September.
Based upon to the price in West River (cities), this has gone downing the last 6 months. The average price during our first sample month during April, is $983,300. During May the price went through a considerable rise reaching $1,630,750. During the following two months (June, July) the average price had a considerable reduction of 70 % 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 $1,112,796.5 to $370,032.5, which means a 33 % fall.