The rent prices in real estate in Lewes, 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 Lewes has fallen during the last 6 months. In October, the average price per sq.feet was $1.84. In November this price barely changed remaining at $1.85 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.85 to $1.76 per sq.feet. 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 $1.8 to $1.65 during February, and March.
When referring to the price in Lewes (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $2,211. In November This price remains at $2,229. In the following two months the average price has hardly changed with regard to the previous two months from $2,220 to $2,279. 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 $2,249.5 and $2,357 between February and March.
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 $2,340 they are 24 % more affordable than the average price for Lewes . The properties with the highest average price have 4 bedrooms, Their price is 32 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,424.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.4 / sq.feet, with an average $1.65 / sq.feet price in Lewes. The properties with the most expensive average prices have 1 bedroom. They are 38 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.84 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $2,340 it is 17 % more affordable than the average price in Lewes. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $2,796 it is 23 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.56 / sq.feet followed by "Condo" priced at $1.7 / sq.feet. "Apartment" is the most expensive type of property with a $1.9 / sq.feet value followed by "Condo" with an average price of $1.7 / sq.feet.