Property prices for sale in Frederica (Delaware)
The prices in real estate in Frederica, in the Delaware region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Frederica has remained the same in the last 6 months. In October, the average price per sq.feet was $213. In the following month the price per sq.feet increased to $240. In the following two months the price per sq.feet has barely changed, going from $226.5 to $218 per sq.feet. The price per sq.feet has had a considerable deflation of 84 % 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 $222.25 to $186.5 during February, and March.
Based upon to the price in Frederica (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $400,465. In November This price remains at $416,447. In the following two months the average price has remained the same with regard to the previous two months from $408,456 to $393,796.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $401,126.25 to $346,341.5 in 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 $355,912 they are 66 % more affordable than the average price for Frederica. The properties with the lowest average price have 4 bedrooms, Their price is 19 % cheaper than the average. After that we have properties with 3 bedrooms priced at $287,540.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $63 / sq.feet, with an average $187 / sq.feet price in Frederica. The properties with the lowest average prices have 3 bedrooms. They are 50 % cheaper than the average followed by properties with 2 bedrooms with a price at $75 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $355,912 it is 44 % cheaper than the average price in Frederica. "Condo" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $247,535 it is 28 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $68 / sq.feet followed by "Duplex" priced at $92 / sq.feet. "Condo" is the most costly type of property with a $2,361 / sq.feet cost followed by "Townhouse" with an average price of $1,546 / sq.feet.
