The rent prices in real estate in Bedminster, in the New Jersey region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Bedminster has risen strongly during the last 6 months. In April, the average price per sq.feet was $23.17. In the following month the price per sq.feet fell considerably to $17.77. The price for the following two months in (June, July) had a considerable rise of 2669 %. The price per sq.feet has had a considerable rise of 179 % 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 $283.39 to $506.85 during August, and September.
When referring to the price in Bedminster (cities), this has risen considerably in the last 6 months. The average price for April is $2,030. During May the price had a considerable fall till $1,567. During the following two months (June, July) the average price had a considerable rise of 120 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 159 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $4,063 they are 48 % more affordable than the average price for Bedminster . The properties with the lowest average price have 2 bedrooms, Their price is 32 % more affordable than the average. After that we have properties with 1 bedroom priced at $2,126.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most affordable ones at a cost of $79 / sq.feet, with an average $392.44 / sq.feet price in Bedminster. The properties with the most affordable average prices have 2 bedrooms. They are 63 % more affordable than the average followed by properties with 1 bedroom with a price at $79 / sq.feet.
With regard to the average price based upon the property in Bedminster we can see that the most affordable property type is "House" at a price of $2,771, they are 32 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 32 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $144 / sq.feet. "House" with an average price of $144 / sq.feet has the most affordable price and would be directed at less affluent cities.