Property prices for sale in Middletown (Delaware)
The prices in real estate in Middletown, 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 Middletown has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,572. In the following month the price per sq.feet decreased considerably to $1,292. The price for the following two months in (December, January) had a considerable decrease of 55 with regard to the prior two months. The price per sq.feet has had a considerable increase of 126 % 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 $1,107.75 to $1,393 during February, and March.
Based upon to the price in Middletown (cities), these have remained the same in the last 6 months. The average price for October is $561,137. During November the price had a slight fall till $529,772. In the following two months the average price has remained the same with regard to the previous two months from $545,454.5 to $543,763. 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 $544,608.75 and $549,053 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 $565,444 they are 18 % more affordable than the average price for Middletown. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 1 bedroom priced at $519,320.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $168 / sq.feet, with an average $2,276 / sq.feet price in Middletown. The properties with the highest average prices have 4 bedrooms. They are 2 % more expensive than the average followed by properties with 1 bedroom with a price at $209 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $565,444 it is 45 % cheaper than the average price in Middletown. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $442,371 it is 7 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $81 / sq.feet followed by "Townhouse" priced at $115 / sq.feet. "House" is the most costly type of property with a $3,427 / sq.feet cost followed by "Condo" with an average price of $127 / sq.feet.
