The rent prices in real estate in Belmar, 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 Belmar has risen strongly during the last 6 months. In April, the average price per sq.feet was $73. In May this price barely changed remaining at $73 per sq.feet. The price for the following two months in (June, July) had a considerable rise of 852 %. The price per sq.feet has had a considerable rise of 116 % 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 $347.64 to $403.44 during August, and September.
When referring to the price in Belmar (cities), this has risen considerably in the last 6 months. In our first sample month during April, the average price is $1,845. In May This price remains at $1,845. During the following two months (June, July) the average price had a considerable rise of 162 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,412.5 and $2,323.5 between August and September.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 73 % more expensive than the average price of $4,145 in Belmar. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 73 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 19 % more expensive than the average price of ($101 / sq.feet) in Belmar. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 19 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,397 it is 45 % more affordable than the average price in Belmar. "Townhouse" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Commercial". At a price of $4,120 it is 73 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Townhouse" at an average price of $56 / sq.feet followed by "Commercial" priced at $96 / sq.feet. "House" is the most expensive type of property with a $101 / sq.feet value followed by "Commercial" with an average price of $96 / sq.feet.