The prices in real estate in Selbyville, in the Delaware region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Selbyville has fallen in the last 6 months. In July, the average price per sq.feet was $310. In August this price pretty much remained the same at a value of $309 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $309.5 to $328 per sq.feet. The price per sq.feet has had a considerable deflation of 67 % 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 $318.75 to $214 during November, and December.
Based upon to the price in Selbyville (cities), this has gone up considerably in the last 6 months. The price in July is $384,973, rising in August till $424,003. During the following two months (September, October) the average price had a considerable increase of 115 % with regard to the previous two months. 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 $435,781.5 and $442,067 between November and December.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $429,130 they are 57 % more affordable than the average price for Selbyville. The properties with the highest average price have 4 bedrooms, Their price is 22 % more costly than the average. After that we have properties with 3 bedrooms priced at $469,030.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $134 / sq.feet, with an average $207 / sq.feet price in Selbyville. The properties with the lowest average prices have 3 bedrooms. They are 5 % cheaper than the average followed by properties with 2 bedrooms with a price at $189 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $429,130 it is 15 % cheaper than the average price in Selbyville. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $495,857 it is 16 % 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 $114 / sq.feet followed by "Duplex" priced at $175 / sq.feet. "Land" is the most costly type of property with a $1,022 / sq.feet cost followed by "House" with an average price of $204 / sq.feet.