Property prices for sale in Felton (Delaware)
The prices in real estate in Felton, 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 Felton has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,240. In the following month the price per sq.feet increased considerably to $1,472. The price for the following two months in (December, January) had a considerable increment of 175 %. The price per sq.feet has had a considerable increase of 227 % 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 $1,866.25 to $4,231.5 during February, and March.
Based upon to the price in Felton (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $403,842. In November This price remains at $396,364. In the following two months the average price has remained the same with regard to the previous two months from $400,103 to $401,130. 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 $400,616.5 and $414,571 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $413,371 they are 63 % more affordable than the average price for Felton. The properties with the lowest average price have 4 bedrooms, Their price is 23 % cheaper than the average. After that we have properties with 3 bedrooms priced at $272,703.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $90 / sq.feet, with an average $4,772 / sq.feet price in Felton. The properties with the lowest average prices have 3 bedrooms. They are 98 % cheaper than the average followed by properties with 2 bedrooms with a price at $106 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $413,371 it is 42 % cheaper than the average price in Felton. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $248,124 it is 34 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $65 / sq.feet followed by "Land" priced at $74 / sq.feet. "House" is the cheapest type of property with a $102 / sq.feet value followed by "Land" with an average price of $74 / sq.feet.
