The prices in real estate in Bethany Beach, in the Delaware region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Bethany Beach has fallen in the last 6 months. In December, the average price per sq.feet was $516. In January this price pretty much remained the same at a value of $491 per sq.feet. The price for the following two months in (February, March) decreased 91 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $482 to $481.5 during April y May
Based upon to the price in Bethany Beach (cities), this has gone downing the last 6 months. In our first sample month during December, the average price is $1,057,192. In January This price remains at $1,041,053. During the following two months (February, March) the average price had a considerable reduction of 85 % with regard to the previous two months. 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 $968,921.25 and $966,069.5 between April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $988,289 they are 65 % more affordable than the average price for Bethany Beach. The properties with the lowest average price have 4 bedrooms, Their price is 7 % cheaper than the average. After that we have properties with 3 bedrooms priced at $826,919.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $417 / sq.feet, with an average $482 / sq.feet price in Bethany Beach. The properties with the highest average prices have 3 bedrooms. They are 22 % more expensive than the average followed by properties with 1 bedroom with a price at $482 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $988,289 it is 52 % cheaper than the average price in Bethany Beach. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $660,234 it is 30 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $301 / sq.feet followed by "House" priced at $500 / sq.feet. "Condo" is the most costly type of property with a $577 / sq.feet cost followed by "House" with an average price of $500 / sq.feet.