The prices in real estate in Worton, 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 Worton has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $4,596. In the following month the price per sq.feet decreased considerably to $247. The price for the following two months in (December, January) had a considerable decrease of 11 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 25 % 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 $1,339 to $336 during February, and March.
Based upon to the price in Worton (cities), this has gone up in the last 6 months. The average price for October is $392,682. During November the price had a slight fall till $367,626. In the following two months the average price has remained the same with regard to the previous two months from $380,154 to $384,816.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 135 % 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 $508,579 they are 71 % more affordable than the average price for Worton. The properties with the highest average price have 1 bedroom, Their price is 8 % more costly than the average. After that we have properties with 3 bedrooms priced at $487,510.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $85 / sq.feet, with an average $320 / sq.feet price in Worton. The properties with the highest average prices have 1 bedroom. They are 82 % more expensive than the average followed by properties with 3 bedrooms with a price at $228 / sq.feet.
With regard to the average price based upon the property in Worton we can see that the cheapest property type is "House" at a price of $411,103, they are 19 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 19 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $182 / sq.feet. "House" with an average cost of $182 / sq.feet has the lowest price and would be directed at less affluent cities.