The rent prices in real estate in Ocean View, 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 Ocean View has had a strong fall during the last 6 months. In May, the average price per sq.feet was $22. In the following month the price per sq.feet fell considerably to $7. The price for the following two months in (July, August) had a considerable fall of 7 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $7.75 to during September, and October.
When referring to the price in Ocean View (cities), this has risen considerably in the last 6 months. The rent price in May is $1,469, rising in June till $1,668. During the following two months (July, August) the average price had a considerable rise of 135 % with regard to the previous two months. 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 $1,840.5 and $1,797 between September and October.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 19 % more affordable than the average price of $1,437 in Ocean View. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 19 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2147483647 % more expensive than the average price of ($6 / sq.feet) in Ocean View. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2147483647 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,774 it is 19 % more affordable than the average price in Ocean View. "Land" is seen as the second most affordable property type. The most affordable property is "Land" followed by "House". At a price of $1,437 it is 17 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $6 / sq.feet followed by "Land" priced at $21 / sq.feet. "Land" is the most expensive type of property with a $21 / sq.feet value followed by "House" with an average price of $6 / sq.feet.