The prices in real estate in Woodbine, 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 Woodbine has increased strongly during the last 6 months. In January, the average price per sq.feet was $321. In the following month the price per sq.feet decreased considerably to $241. In the following two months the price per sq.feet has barely changed, going from $281 to $274.5 per sq.feet. The price per sq.feet has had a considerable increase of 241 % 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 $277.75 to $669 during May, and June.
Based upon to the price in Woodbine (cities), this has fallen considerably in the last 6 months. The average price for January is $1,223,156. During February the price had a considerable reduction till $858,627. In the following two months the average price has remained the same with regard to the previous two months from $1,040,891.5 to $1,042,865.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 23 % cheaper than the average price of $807,136 in Woodbine. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 23 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 79 % cheaper than the average price of ($229 / sq.feet) in Woodbine. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 79 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $1,044,442 it is 33 % cheaper than the average price in Woodbine. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $699,214 it is 23 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $229 / sq.feet followed by "Farm" priced at $677 / sq.feet. "Farm" is the cheapest type of property with a $677 / sq.feet value followed by "House" with an average price of $229 / sq.feet.