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 April, the average price per sq.feet was $140. In May this price pretty much remained the same at a value of $143 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 607 %. The price per sq.feet has had a considerable increase of 150 % 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 $500.25 to $752.5 during August, and September.
Based upon to the price in Bear (cities), this has gone downing the last 6 months. In our first sample month during April, the average price is $382,412. In May This price remains at $387,720. During the following two months (June, July) the average price had a considerable reduction of 84 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $353,397 to $311,999 in August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $313,036 they are 48 % more affordable than the average price for Bear. The properties with the highest average price have 1 bedroom, Their price is 20 % more costly than the average. After that we have properties with 4 bedrooms priced at $356,586.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $117 / sq.feet, with an average $129 / sq.feet price in Bear. The properties with the highest average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 3 bedrooms with a price at $138 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most costly one. At an cost of $313,036 it is 3 % 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 $353,459 it is 19 % 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 $115 / sq.feet followed by "House" priced at $137 / sq.feet. "Apartment" is the most costly type of property with a $148 / sq.feet cost followed by "House" with an average price of $137 / sq.feet.