The prices in real estate in Selbyville, 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 Selbyville has increased strongly during the last 6 months. In January, the average price per sq.feet was $415. In the following month the price per sq.feet increased considerably to $773. The price for the following two months in (March, April) had a considerable increment of 148 %. 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 $735.25 to $703.5 during May y June
Based upon to the price in Selbyville (cities), these have remained the same in the last 6 months. In our first sample month during January, the average price is $384,563. In February This price remains at $399,887. In the following two months the average price has remained the same with regard to the previous two months from $392,225 to $399,494.5. 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 $395,859.75 and $391,980 between May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $412,512 they are 45 % more affordable than the average price for Selbyville. The properties with the highest average price have 1 bedroom, Their price is 33 % more costly than the average. After that we have properties with 4 bedrooms priced at $508,098.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $158 / sq.feet, with an average $538 / sq.feet price in Selbyville. The properties with the highest average prices have 2 bedrooms. They are 84 % more expensive than the average followed by properties with 3 bedrooms with a price at $522 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $412,512 it is 33 % cheaper than the average price in Selbyville. "Commercial" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $480,527 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $168 / sq.feet followed by "Commercial" priced at $204 / sq.feet. "Condo" is the most costly type of property with a $1,894 / sq.feet cost followed by "Townhouse" with an average price of $415 / sq.feet.