The prices in real estate in Woodstock, 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 Woodstock has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $253. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (June, July) had a considerable increment of 165 %. The price per sq.feet has had a considerable increase of 124 % 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 $167.5 to $207 during August, and September.
Based upon to the price in Woodstock (cities), this has fallen considerably in the last 6 months. The average price for April is $871,910. During May the price had a considerable reduction till . During the following two months (June, July) the average price had a considerable increase of 150 % 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 119 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $694,814 they are 58 % more affordable than the average price for Woodstock. The properties with the highest average price have 1 bedroom, Their price is 10 % more costly than the average. After that we have properties with 4 bedrooms priced at $751,545.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $169 / sq.feet, with an average $214 / sq.feet price in Woodstock. The properties with the highest average prices have 1 bedroom. They are 5 % more expensive than the average followed by properties with 4 bedrooms with a price at $211 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most costly one. At an cost of $694,814 it is 1 % more expensive than the average price in Woodstock. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Condo". At a price of $705,187 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $205 / sq.feet followed by "House" priced at $224 / sq.feet. "House" is the most costly type of property with a $224 / sq.feet cost followed by "Condo" with an average price of $205 / sq.feet.