The prices in real estate in Delaware City, 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 Delaware City has increased strongly during the last 6 months. In June, the average price per sq.feet was $213. In the following month the price per sq.feet increased considerably to $1,181. The price for the following two months in (August, September) had a considerable decrease of 20 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 33 % 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 $418.75 to $139 during October, and November.
Based upon to the price in Delaware City (cities), this has gone up considerably in the last 6 months. The price in June is $267,843, rising in July till $297,268. During the following two months (August, September) the price has had an average incrementation from $282,555.5 to $321,543.5. 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 $302,049.5 and $305,565 between October and November.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 11 % cheaper than the average price of $287,476 in Delaware City. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 11 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 12 % cheaper than the average price of ($127 / sq.feet) in Delaware City. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 12 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Delaware City we can see that the cheapest property type is "Land" at a price of $287,476, they are 11 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 11 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Land with an average price of $127 / sq.feet. "Land" with an average cost of $127 / sq.feet has the lowest price and would be directed at less affluent cities.