The prices in real estate in Delmar, 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 Delmar has increased strongly during the last 6 months. In April, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $139. The price for the following two months in (June, July) had a considerable increment of 213 %. The price per sq.feet has had a considerable increase of 729 % 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 $108.75 to $793 during August, and September.
Based upon to the price in Delmar (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is . During May the price went through a considerable rise reaching $376,673. During the following two months (June, July) the average price had a considerable increase of 149 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 121 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $286,469 they are 29 % more affordable than the average price for Delmar. The properties with the lowest average price have 2 bedrooms, Their price is 29 % cheaper than the average. After that we have properties with 1 bedroom priced at $204,186.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $107 / sq.feet, with an average $927 / sq.feet price in Delmar. The properties with the lowest average prices have 1 bedroom. They are 88 % cheaper than the average followed by properties with 2 bedrooms with a price at $107 / sq.feet.
With regard to the average price based upon the property in Delmar we can see that the cheapest property type is "House" at a price of $204,466, they are 29 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 29 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $107 / sq.feet. "House" with an average cost of $107 / sq.feet has the lowest price and would be directed at less affluent cities.