The prices in real estate in Bear, in the Delaware region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Bear has increased strongly during the last 6 months. In May, the average price per sq.feet was $130. In June this price pretty much remained the same at a value of $135 per sq.feet. The price for the following two months in (July, August) had a considerable increment of 142 %. The price per sq.feet has had a considerable deflation of 82 % 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 $160.5 to $131.5 during September, and October.
Based upon to the price in Bear (cities), these have remained the same in the last 6 months. In our first sample month during May, the average price is $311,021. In June This price remains at $316,193. In the following two months the average price has remained the same with regard to the previous two months from $313,607 to $311,153. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $312,380 and $317,375 between September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $321,241 they are 35 % more affordable than the average price for Bear. The properties with the highest average price have 1 bedroom, Their price is 18 % more costly than the average. After that we have properties with 4 bedrooms priced at $360,538.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $128 / sq.feet, with an average $131 / sq.feet price in Bear. The properties with the highest average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 2 bedrooms with a price at $141 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most costly one. At an cost of $321,241 it is 1 % more expensive than the average price in Bear. "House" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "House". At a price of $357,376 it is 18 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $126 / sq.feet followed by "House" priced at $148 / sq.feet. "Apartment" is the most costly type of property with a $159 / sq.feet cost followed by "House" with an average price of $148 / sq.feet.