Property prices for sale in Frankford (Delaware)
The prices in real estate in Frankford, 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 Frankford has increased strongly during the last 6 months. In October, the average price per sq.feet was $2,870. In the following month the price per sq.feet increased to $3,125. The price for the following two months in (December, January) had a considerable decrease of 78 with regard to the prior two months. The price per sq.feet has had a considerable increase of 173 % 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 $2,661.75 to $4,592.5 during February, and March.
Based upon to the price in Frankford (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $570,291. In November This price remains at $560,544. In the following two months the average price has remained the same with regard to the previous two months from $565,417.5 to $570,344. 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 $567,880.75 and $576,165.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $578,314 they are 62 % more affordable than the average price for Frankford. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at $533,143.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $198 / sq.feet, with an average $6,161 / sq.feet price in Frankford. The properties with the lowest average prices have 1 bedroom. They are 95 % cheaper than the average followed by properties with 3 bedrooms with a price at $256 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $578,314 it is 72 % cheaper than the average price in Frankford. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $163,782 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $235 / sq.feet followed by "Land" priced at $1,267 / sq.feet. "Land" is the cheapest type of property with a $1,267 / sq.feet value followed by "House" with an average price of $235 / sq.feet.
