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 November, the average price per sq.feet was $1,292. In the following month the price per sq.feet decreased considerably to $734. The price for the following two months in (January, February) had a considerable decrease of 66 with regard to the prior two months. The price per sq.feet has had a considerable increase of 148 % 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 $842.25 to $1,245.5 during March, and April.
Based upon to the price in Middletown (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $529,772. In December This price remains at $538,227. In the following two months the average price has remained the same with regard to the previous two months from $533,999.5 to $540,980.5. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $572,321 they are 19 % more affordable than the average price for Middletown. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 1 bedroom priced at $518,800.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $167 / sq.feet, with an average $215 / sq.feet price in Middletown. The properties with the highest average prices have 4 bedrooms. They are 982 % more expensive than the average followed by properties with 1 bedroom with a price at $208 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $572,321 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 $441,928 it is 6 % 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 $80 / sq.feet followed by "Townhouse" priced at $114 / sq.feet. "House" is the most costly type of property with a $3,423 / sq.feet cost followed by "Condo" with an average price of $126 / sq.feet.
