The average price in the Delaware region has had a strong decrease in recent months. There has been a strong deflation in the prices in this region.
The price per sq.feet in Delaware has risen considerably in the last 6 months. During July, the average price per sq.feet was $628. In August the price pretty much stayed the same at $634 per sq.feet. The following two months (September, October) went through a considerable deflation of 29 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant decrease of 39 %. This has been obtained by comparing the price of $407.5 for the first four months of the sample with regard to the previous 4 months and the price of $159.5 per sq.feet for the last two months (November, December).
Based upon to the price in Delaware (region), this has decreased in the last 6 months. The average price in July is $375,237. In August the price increased to $400,452. The average price for the following two months (September, October) decreased 88 % compared to the prior two. During the last two months the price has reduced 85 % compared to the previous average values going from $363,862.25 a $310,042.5 in November and December.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 52 % more affordable than the average price in Delaware followed by those with 2 with an average price of $229,377. The most costly properties have 4 bedrooms. They are 22 % more expensive than the average followed by those properties with 3 bedrooms priced at $291,932.
Based on the average price per sq.feet those properties with 1 bedroom are the cheapest ones with a price of $144 / sq.feet being $160 / sq.feet the average value within the Delaware region. The properties with the most expensive average price are those with 2 bedrooms. These are 9 % more costly than the average followed by those with 3 bedrooms with a price of $162 / sq.feet.
The graph displaying the average price according to the property type shows "Townhouse" as the cheapest one. With an average cost of $310,719 it is 23 % more affordable than the average in Delaware. This is followed by "Condo" with a price of $293,489. The dearest property type is "House" and is 2 % more expensive than the average, followed by "Apartment" with a cost of $298,021.
Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of $130 / sq.feet, followed by "House" with a price of $156 / sq.feet. "Apartment" with an average price of $238 / sq.feet is the most costly type of property followed by "Condo" at a price of $166 / sq.feet.