The rent prices in real estate in Middletown, in the Delaware region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Middletown has risen strongly during the last 6 months. In April, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1.03. The price for the following two months in (June, July) had a considerable rise of 178 %. The price per sq.feet has had a considerable fall of 83 % 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 $0.72 to $0.59 during August, and September.
When referring to the price in Middletown (cities), this has risen in the last 6 months. The average price during our first sample month during April, is $1,501. During May the price went through a considerable rise reaching $1,919. In the following two months the average price has hardly changed with regard to the previous two months from $1,710 to $1,716.5. During the last two months the average price has fallen greatly compared to the previous four going from $1,713.25 to $1,291, which means a 75 % fall.
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 $1,301 they are 6 % more affordable than the average price for Middletown . The properties with the highest average price have 2 bedrooms, Their price is 17 % more expensive than the average. After that we have properties with 1 bedroom priced at $1,220.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $1.25 / sq.feet, with an average $1.18 / sq.feet price in Middletown. The properties with the most expensive average prices have 2 bedrooms. They are 1510 % more expensive than the average followed by properties with 1 bedroom with a price at $1.25 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most expensive one. At an cost of $1,301 it is 3 % more expensive than the average price in Middletown. "House" is seen as the second most expensive property type. The most expensive property type is "Townhouse" followed by "House". At a price of $1,517 it is 17 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $19 / sq.feet followed by "Townhouse" priced at $26 / sq.feet. "Townhouse" is the most expensive type of property with a $26 / sq.feet value followed by "House" with an average price of $19 / sq.feet.