The rent prices in real estate in Delaware City, in the Delaware region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Delaware City has had a strong fall during the last 6 months. In May, the average price per sq.feet was $9. In the following month the price per sq.feet rose to $9.97. The price for the following two months in (July, August) had a considerable fall of 56 with regard to the previous two months. The price per sq.feet has had a considerable fall 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 $7.42 to $0.91 during September, and October.
When referring to the price in Delaware City (cities), this has risen considerably in the last 6 months. The average price during our first sample month during May, is $1,108. During June the price went through a considerable rise reaching $1,648. During the following two months (July, August) the price has had an average rise from $1,378 to $1,522.5. Based on an analysis of the first four prices and the last two months the average price has increased 110 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 36 % more affordable than the average price of $1,007 in Delaware City. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 36 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 117 % more expensive than the average price of ($2 / sq.feet) in Delaware City. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 117 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Land" as the most affordable one. At an cost of $1,579 it is 36 % more affordable than the average price in Delaware City. "" is seen as the second most affordable property type. The most affordable property is "" followed by "Land". At a price of $1,007 it is 13 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Land with an average cost of $2 / sq.feet. "Land" at an average price of $2 / sq.feet has the highest price and would be directed at more affluent cities.