Property prices for sale in Milford (Delaware)
The prices in real estate in Milford, in the Delaware region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Milford has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,143. In the following month the price per sq.feet increased considerably to $2,235. The price for the following two months in (December, January) had a considerable decrease of 69 with regard to the prior two months. The price per sq.feet has had a considerable increase of 176 % 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 $1,423.25 to $2,499.5 during February, and March.
Based upon to the price in Milford (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $404,528. In November This price remains at $414,161. During the following two months (December, January) the price has had an average incrementation from $409,344.5 to $438,326.5. 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 $423,835.5 and $408,374.5 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 $424,732 they are 50 % more affordable than the average price for Milford. The properties with the highest average price have 4 bedrooms, Their price is 35 % more costly than the average. After that we have properties with 3 bedrooms priced at $370,335.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $264 / sq.feet, with an average $3,578 / sq.feet price in Milford. The properties with the lowest average prices have 1 bedroom. They are 34 % cheaper than the average followed by properties with 3 bedrooms with a price at $1,082 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $424,732 it is 40 % cheaper than the average price in Milford. "Condo" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Detached House". At a price of $482,995 it is 61 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $73 / sq.feet followed by "Detached House" priced at $234 / sq.feet. "Land" is the most costly type of property with a $54,762 / sq.feet cost followed by "House" with an average price of $2,114 / sq.feet.
