The prices in real estate in Fenwick Island, 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 Fenwick Island has fallen in the last 6 months. In November, the average price per sq.feet was $817. In the following month the price per sq.feet decreased considerably to $657. In the following two months the price per sq.feet has barely changed, going from $737 to $720.5 per sq.feet. The price per sq.feet has had a considerable increase of 122 % 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 $728.75 to $889 during March, and April.
Based upon to the price in Fenwick Island (cities), this has gone downing the last 6 months. The average price for November is $2,935,427. During December the price had a considerable reduction till $1,976,113. During the following two months (January, February) the price has had an average incrementation from $2,455,770 to $2,752,718.5. Based on an analysis of the first four prices and the last two months the average price has gone up 115 % during the last two months.