The average price in the Maryland region has had a slight increase in recent months. There has been an inflation in the prices in this region.
The price per sq.feet in Maryland has increased in the last 6 months. During October, the average price per sq.feet was $167. The following month (November) the price had a considerable increase reaching $194 per sq.feet. The following two months (December, January) there has been a deflation of 94 % in the price per sq.feet with regard to the previous two. In the last two months, the price has stayed the same with regard to the average value for the last 4 months going from an average price per sq.feet of $175.25 to $178 during February and March.
Based upon to the price in Maryland(region), this has increased in the last 6 months. In the first month sample for October the average price is $345,544. During November it went through a strong inflation reaching $428,311 In the following two months the average price didn't change much compared to the previous two going from $386,927.5 to $371,684. During the last two months the price has reduced 95 % compared to the previous average values going from $379,305.75 a $360,016.5 in February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 44 % more affordable than the average price in Maryland followed by those with 2 with an average price of $250,149. The most costly properties have 4 bedrooms. They are 26 % more expensive than the average followed by those properties with 3 bedrooms priced at $307,212.
Based on the average price per sq.feet those properties with 3 bedrooms are the dearest ones with a price of $185 / sq.feet being $180 / sq.feet the average value within the Maryland region. The properties with the most expensive average price are those with 1 bedroom. These are 39 % more costly than the average followed by those with 2 bedrooms with a price of $202 / sq.feet.
The graph displaying the average price according to the property type shows "Apartment" as the cheapest one. With an average cost of $370,965 it is 14 % more affordable than the average in Maryland. This is followed by "Townhouse" with a price of $379,699. The dearest property type is "House" and is 33 % more expensive than the average, followed by "Commercial" with a cost of $481,836.
Based on the average cost per sq.feet the most costly property type is "Apartment with a an average price of $263 / sq.feet, followed by "Condo" with a price of $307 / sq.feet. "Commercial" with an average price of $2,980 / sq.feet is the most costly type of property followed by "Townhouse" at a price of $618 / sq.feet.