The average price in the Delaware region has had an strong increase in recent months. There has been a strong inflation in the prices in this region.
The price per sq.feet in Delaware has increased strongly in the last 6 months. During February, the average price per sq.feet was $330. The following month (March) the price had a considerable increase reaching $473 per sq.feet. In the following two months (April, May) the price per sq.feet has risen strongly to a 226 %. In the last two months, the price per sq.feet has had a significant increase of 203 %. This has been obtained by comparing the price of $654.5 for the first four months of the sample with regard to the previous 4 months and the price of $1,331.5 per sq.feet for the last two months (June, July).
Based upon to the price in Delaware(region), this has increased considerably in the last 6 months. The average price in February is $269,408. In March the price increased to $307,480. The average price for the following two months (April, May) increased from $288,444 to $329,859.5. During the last two months the price has had a considerable increase of 127 % with respect to the previous four months going from $309,151.75 a $391,289.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 60 % more affordable than the average price in Delaware followed by those with 2 with an average price of $271,066. The most costly properties have 4 bedrooms. They are 20 % more expensive than the average followed by those properties with 3 bedrooms priced at $314,884.
Based on the average price per sq.feet those properties with 1 bedroom are the cheapest ones with a price of $137 / sq.feet being $628 / sq.feet the average value within the Delaware region. The properties with the most expensive average price are those with 4 bedrooms. These are 354 % more costly than the average followed by those with 3 bedrooms with a price of $234 / sq.feet.
The graph displaying the average price according to the property type shows "Townhouse" as the cheapest one. With an average cost of $375,237 it is 41 % more affordable than the average in Delaware. This is followed by "Land" with a price of $284,006. The dearest property type is "House" and is 7 % more expensive than the average, followed by "Apartment" with a cost of $361,340.
Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of $85 / sq.feet, followed by "Condo" with a price of $242 / sq.feet. "House" with an average price of $2,238 / sq.feet is the most costly type of property followed by "Land" at a price of $1,282 / sq.feet.