Property prices for sale in Delmar (Maryland)

The prices in real estate in Delmar, 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.

$319,444.17
Average price last 6 months
$2,286.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Delmar has increased strongly during the last 6 months. In September, the average price per sq.feet was $601. In the following month the price per sq.feet increased considerably to $3,221. The price for the following two months in (November, December) had a considerable decrease of 8 with regard to the prior two months. The price per sq.feet has had a considerable increase of 462 % 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 $1,036.25 to $4,787 during January, and February.

Average price

Based upon to the price in Delmar (cities), this has gone up in the last 6 months. The price in September is $288,570, rising in October till $316,061. During the following two months (November, December) the price has had an average incrementation from $302,315.5 to $340,986.5. 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 $321,651 and $315,030.5 between January and February.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $303,929 they are 33 % more affordable than the average price for Delmar. The properties with the lowest average price have 4 bedrooms, Their price is 11 % cheaper than the average. After that we have properties with 3 bedrooms priced at $265,175.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $60 / sq.feet, with an average $4,398 / sq.feet price in Delmar. The properties with the lowest average prices have 4 bedrooms. They are 97 % cheaper than the average followed by properties with 2 bedrooms with a price at $102 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $303,929 it is 38 % cheaper than the average price in Delmar. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $241,868 it is 17 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $57 / sq.feet followed by "Townhouse" priced at $65 / sq.feet. "House" is the cheapest type of property with a $103 / sq.feet value followed by "Townhouse" with an average price of $65 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Delmar
Number of properties used in region Maryland
$303,929
$4,398
560
418,250
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value