The prices in real estate in Williamsport, 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 Williamsport has increased strongly during the last 6 months. In May, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $84. The price for the following two months in (July, August) had a considerable increment of 152 %. The price per sq.feet has had a considerable increase of 252 % 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 $53 to $133.5 during September, and October.
Based upon to the price in Williamsport (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during May, is . During June the price went through a considerable rise reaching $267,933. During the following two months (July, August) the average price fell 95 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 199 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $270,465 they are 58 % more affordable than the average price for Williamsport. The properties with the highest average price have 4 bedrooms, Their price is 45 % more costly than the average. After that we have properties with 3 bedrooms priced at $328,619.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $104 / sq.feet, with an average $139 / sq.feet price in Williamsport. The properties with the highest average prices have 3 bedrooms. They are 18 % more expensive than the average followed by properties with 4 bedrooms with a price at $158 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $270,465 it is 38 % cheaper than the average price in Williamsport. "House" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of $265,332 it is 2 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $58 / sq.feet followed by "Farm" priced at $97 / sq.feet. "House" is the cheapest type of property with a $139 / sq.feet value followed by "Farm" with an average price of $97 / sq.feet.