The rent prices in real estate in Dover, in the Delaware region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Dover has fallen during the last 6 months. In July, the average price per sq.feet was $1.57. In the following month the price per sq.feet fell to $1.41. The price for the following two months in (September, October) fell 94 % with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $1.44 to $1.33 during November, and December.
When referring to the price in Dover (cities), there have hardly been any changes in the last 6 months. In our first sample month during July, the average price is $1,171. In August This price remains at $1,199. In the following two months the average price has hardly changed with regard to the previous two months from $1,185 to $1,206.5. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $1,195.75 and $1,167.5 between November and December.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,155 they are 6 % more affordable than the average price for Dover . The properties with the highest average price have 4 bedrooms, Their price is 41 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,241.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.98 / sq.feet, with an average $1.32 / sq.feet price in Dover. The properties with the most expensive average prices have 1 bedroom. They are 8 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.27 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,155 it is 12 % more affordable than the average price in Dover. "Farm" is seen as the second most affordable property type. The most expensive property type is "" followed by "Farm". At a price of $1,131 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Apartment" at an average price of $1 / sq.feet followed by "Farm" priced at $10 / sq.feet. "Farm" is the most expensive type of property with a $10 / sq.feet value followed by "Apartment" with an average price of $1 / sq.feet.