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 March, the average price per sq.feet was $205. In the following month the price per sq.feet increased considerably to $3,270. In the following two months the price per sq.feet has increased 112 %, going from $1,737.5 to $1,950 per sq.feet. The price per sq.feet has had a considerable deflation of 12 % 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 $1,843.75 to $215 during July, and August.
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 March, is $628,130. During April the price went through a considerable rise reaching $876,085. During the following two months (May, June) the average price had a considerable increase of 121 % with regard to the previous two months. 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 $830,624.75 and $843,672.5 between July and August.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 1 % more costly than the average price of $825,109 in Woodbine. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 1 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 20 % more costly than the average price of ($251 / sq.feet) in Woodbine. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 20 % more costly 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 $816,909 it is 13 % cheaper than the average price in Woodbine. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $714,786 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $251 / sq.feet followed by "Farm" priced at $699 / sq.feet. "Farm" is the most costly type of property with a $699 / sq.feet cost followed by "House" with an average price of $251 / sq.feet.