The rent prices in real estate in Wilmington, in the Delaware region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Wilmington has barely changed in the last 6 months. In September, the average price per sq.feet was $1.48. In October this price barely changed remaining at $1.46 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $1.47 to $1.43 per sq.feet. The price per sq.feet has risen 109 % 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 $1.45 to $1.58 during January, and February.
When referring to the price in Wilmington (cities), there have hardly been any changes in the last 6 months. In our first sample month during September, the average price is $1,313. In October This price remains at $1,354. In the following two months the average price has hardly changed with regard to the previous two months from $1,333.5 to $1,346.5. 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 $1,340 and $1,356.5 between January and February.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $1,399 they are 20 % more affordable than the average price for Wilmington . The properties with the highest average price have 3 bedrooms, Their price is 19 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,458.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.16 / sq.feet, with an average $1.63 / sq.feet price in Wilmington. The properties with the most expensive average prices have 1 bedroom. They are 9 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.43 / sq.feet.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,399 it is 27 % more affordable than the average price in Wilmington. "Land" is seen as the second most affordable property type. The most affordable property is "" followed by "Land". At a price of $1,147 it is 9 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Townhouse" at an average price of $5 / sq.feet followed by "Land" priced at $16 / sq.feet. "Land" is the most expensive type of property with a $16 / sq.feet value followed by "Townhouse" with an average price of $5 / sq.feet.