The prices in real estate in Milton, 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 Milton has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $431. In the following month the price per sq.feet increased considerably to $628. The price for the following two months in (September, October) had a considerable decrease of 42 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 51 % 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 $376.75 to $191.5 during November, and December.
Based upon to the price in Milton (cities), these have remained the same in the last 6 months. In our first sample month during July, the average price is $359,312. In August This price remains at $372,506. In the following two months the average price has remained the same with regard to the previous two months from $365,909 to $363,074.5. 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 $364,491.75 and $374,145 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $369,674 they are 14 % more affordable than the average price for Milton. The properties with the highest average price have 1 bedroom, Their price is 92 % more costly than the average. After that we have properties with 4 bedrooms priced at $439,615.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $149 / sq.feet, with an average $191 / sq.feet price in Milton. The properties with the highest average prices have 1 bedroom. They are 264 % more expensive than the average followed by properties with 2 bedrooms with a price at $183 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $369,674 it is 30 % cheaper than the average price in Milton. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $367,604 it is 27 % 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 $113 / sq.feet followed by "Condo" priced at $144 / sq.feet. "Land" is the most costly type of property with a $1,390 / sq.feet cost followed by "House" with an average price of $178 / sq.feet.