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 July, the average price per sq.feet was $140. In the following month the price per sq.feet increased considerably to $659. The price for the following two months in (September, October) had a considerable increment of 134 %. The price per sq.feet has had a considerable deflation of 32 % 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 $468.25 to $148 during November, and December.
Based upon to the price in Delmar (cities), these have remained the same in the last 6 months. The average price for July is $301,366. During August the price had a slight fall till $279,849. In the following two months the average price has remained the same with regard to the previous two months from $290,607.5 to $285,216.5. 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 $287,912 and $294,520 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $295,543 they are 31 % more affordable than the average price for Delmar. The properties with the lowest average price have 2 bedrooms, Their price is 31 % cheaper than the average. After that we have properties with 1 bedroom priced at $203,573.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $104 / sq.feet, with an average $141 / sq.feet price in Delmar. The properties with the lowest average prices have 1 bedroom. They are 26 % cheaper than the average followed by properties with 2 bedrooms with a price at $104 / 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 $203,851, they are 31 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 31 % 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 $104 / sq.feet. "House" with an average cost of $104 / sq.feet has the lowest price and would be directed at less affluent cities.