Property prices for sale in Millsboro (Delaware)
The prices in real estate in Millsboro, 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 Millsboro has increased strongly during the last 6 months. In November, the average price per sq.feet was $229. In December this price pretty much remained the same at a value of $236 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 197 %. The price per sq.feet has had a considerable increase of 390 % 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 $345 to $1,344 during March, and April.
Based upon to the price in Millsboro (cities), this has gone downing the last 6 months. The average price for November is $449,415. During December the price had a slight fall till $410,636. In the following two months the average price has remained the same with regard to the previous two months from $430,025.5 to $414,717.5. 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 $422,371.5 and $406,549 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $428,229 they are 64 % more affordable than the average price for Millsboro. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 3 bedrooms priced at $345,809.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $195 / sq.feet, with an average $1,020 / sq.feet price in Millsboro. The properties with the highest average prices have 3 bedrooms. They are 64 % more expensive than the average followed by properties with 1 bedroom with a price at $764 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $428,229 it is 21 % cheaper than the average price in Millsboro. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "Condo". At a price of $474,264 it is 170 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $171 / sq.feet followed by "Condo" priced at $289 / sq.feet. "Land" is the most costly type of property with a $39,848 / sq.feet cost followed by "House" with an average price of $2,193 / sq.feet.
