Property prices for sale in Ocean View (Delaware)

The prices in real estate in Ocean View, 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.

$593,983.67
Average price last 6 months
$1,946
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Ocean View has increased strongly during the last 6 months. In September, the average price per sq.feet was $1,322. In the following month the price per sq.feet increased to $1,495. The price for the following two months in (November, December) had a considerable increment of 139 %. The price per sq.feet has had a considerable increase of 147 % 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 $1,684.75 to $2,468.5 during January, and February.

Average price

Based upon to the price in Ocean View (cities), this has gone downing the last 6 months. In our first sample month during September, the average price is $622,270. In October This price remains at $639,075. During the following two months (November, December) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $608,650.25 to $564,650.5 in January and February.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $547,486 they are 55 % more affordable than the average price for Ocean View. The properties with the lowest average price have 1 bedroom, Their price is 27 % cheaper than the average. After that we have properties with 3 bedrooms priced at $357,736.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $113 / sq.feet, with an average $2,284 / sq.feet price in Ocean View. The properties with the lowest average prices have 2 bedrooms. They are 32 % cheaper than the average followed by properties with 4 bedrooms with a price at $1,039 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $547,486 it is 55 % cheaper than the average price in Ocean View. "Land" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $347,002 it is 30 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $113 / sq.feet followed by "Land" priced at $526 / sq.feet. "Condo" is the most costly type of property with a $3,381 / sq.feet cost followed by "Land" with an average price of $526 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Ocean View
Number of properties used in region Delaware
$547,486
$2,284
3,386
103,714
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value