Property prices for sale in Woodbine (Maryland)
The prices in real estate in Woodbine, 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 Woodbine has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,217. In the following month the price per sq.feet increased considerably to $1,607. The price for the following two months in (December, January) had a considerable decrease of 19 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 33 % 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 $842.25 to $278 during February, and March.
Based upon to the price in Woodbine (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $1,115,879. During November the price went through a considerable rise reaching $1,674,513. During the following two months (December, January) the price has had an average incrementation from $1,395,196 to $1,579,884.5. During the last two months the average price has had a strong fall compared to the previous four going from $1,487,540.25 to $1,234,170, which means a 83 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 37 % cheaper than the average price of $790,344 in Woodbine. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 37 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 28 % cheaper than the average price of ($208 / 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 28 % 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 $1,254,924 it is 45 % 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 $684,665 it is 37 % 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 $208 / sq.feet followed by "Farm" priced at $656 / sq.feet. "Farm" is the most costly type of property with a $656 / sq.feet cost followed by "House" with an average price of $208 / sq.feet.
