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 March, the average price per sq.feet was $2,276. In the following month the price per sq.feet decreased considerably to $215. In the following two months the price per sq.feet has increased 109 %, going from $1,245.5 to $1,354 per sq.feet. The price per sq.feet has had a considerable increase of 215 % 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 $1,299.75 to $2,792 during July, and August.
Based upon to the price in Middletown (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $565,444. In April This price remains at $572,321. In the following two months the average price has remained the same with regard to the previous two months from $568,882.5 to $559,679.5. 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 $564,281 and $538,960.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $533,076 they are 22 % more affordable than the average price for Middletown. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $500,922.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $125 / sq.feet, with an average $3,000 / sq.feet price in Middletown. The properties with the lowest average prices have 4 bedrooms. They are 23 % cheaper than the average followed by properties with 2 bedrooms with a price at $170 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $533,076 it is 42 % 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 $440,161 it is 13 % 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 $76 / sq.feet followed by "Townhouse" priced at $110 / sq.feet. "House" is the most costly type of property with a $3,407 / sq.feet cost followed by "Condo" with an average price of $122 / sq.feet.
