The prices in real estate in New Castle, 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 New Castle has increased strongly during the last 6 months. In November, the average price per sq.feet was $125. In December this price pretty much remained the same at a value of $120 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 142 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $148 to $141.5 during March y April
Based upon to the price in New Castle (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $195,187. In December This price remains at $195,296. In the following two months the average price has remained the same with regard to the previous two months from $195,241.5 to $189,902.5. 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 $192,572 and $196,846.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $192,482 they are 28 % more affordable than the average price for New Castle. The properties with the highest average price have 1 bedroom, Their price is 174 % more costly than the average. After that we have properties with 2 bedrooms priced at $138,424.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $153 / sq.feet, with an average $74 / sq.feet price in New Castle. The properties with the highest average prices have 2 bedrooms. They are 1161 % more expensive than the average followed by properties with 4 bedrooms with a price at $929 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $192,482 it is 29 % cheaper than the average price in New Castle. "Apartment" is seen as the second most affordable property type. The dearest property type is "Semi-Detached House" followed by "Apartment". At a price of $137,868 it is 170 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Semi-Detached House" at an average cost of $137 / sq.feet followed by "Farm" priced at $924 / sq.feet. "Apartment" is the most costly type of property with a $929 / sq.feet cost followed by "Farm" with an average price of $924 / sq.feet.