Property prices for sale in Georgetown (Delaware)
The prices in real estate in Georgetown, in the Delaware region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Georgetown has increased during the last 6 months. In October, the average price per sq.feet was $1,713. In the following month the price per sq.feet decreased considerably to $1,340. The price for the following two months in (December, January) had a considerable decrease of 63 with regard to the prior two months. The price per sq.feet has had a considerable increase of 246 % 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 $1,242 to $3,061 during February, and March.
Based upon to the price in Georgetown (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $467,677. In November This price remains at $470,994. In the following two months the average price has remained the same with regard to the previous two months from $469,335.5 to $460,151. 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 $464,743.25 and $467,182 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 $469,737 they are 53 % more affordable than the average price for Georgetown. The properties with the lowest average price have 4 bedrooms, Their price is 22 % cheaper than the average. After that we have properties with 3 bedrooms priced at $295,001.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $119 / sq.feet, with an average $4,351 / sq.feet price in Georgetown. The properties with the lowest average prices have 4 bedrooms. They are 45 % cheaper than the average followed by properties with 3 bedrooms with a price at $1,454 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $469,737 it is 70 % cheaper than the average price in Georgetown. "Commercial" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $289,741 it is 32 % 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 $88 / sq.feet followed by "Land" priced at $464 / sq.feet. "House" is the cheapest type of property with a $2,642 / sq.feet value followed by "Land" with an average price of $464 / sq.feet.
