Property prices for sale in Lewes (Delaware)
The prices in real estate in Lewes, in the Delaware region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Lewes has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $2,617. In the following month the price per sq.feet increased considerably to $3,075. The price for the following two months in (December, January) had a considerable decrease of 46 with regard to the prior two months. The price per sq.feet has had a considerable increase of 127 % 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 $2,077.75 to $2,648 during February, and March.
Based upon to the price in Lewes (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $637,615. In November This price remains at $638,675. In the following two months the average price has remained the same with regard to the previous two months from $638,145 to $624,645. 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 $631,395 and $642,805.5 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 $675,158 they are 75 % more affordable than the average price for Lewes. The properties with the highest average price have 4 bedrooms, Their price is 36 % more costly than the average. After that we have properties with 3 bedrooms priced at $495,257.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $217 / sq.feet, with an average $4,483 / sq.feet price in Lewes. The properties with the lowest average prices have 4 bedrooms. They are 44 % cheaper than the average followed by properties with 1 bedroom with a price at $1,000 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $675,158 it is 56 % cheaper than the average price in Lewes. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $663,506 it is 6 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $184 / sq.feet followed by "Condo" priced at $275 / sq.feet. "House" is the cheapest type of property with a $2,968 / sq.feet value followed by "Apartment" with an average price of $373 / sq.feet.
