Property prices for rent in Belmar (New Jersey)
The rent prices in real estate in Belmar, in the New Jersey region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.
The price per sq.feet in Belmar has risen during the last 6 months. In October, the average price per sq.feet was $69.69. In the following month the price per sq.feet fell considerably to $52.86. In the following two months the price per sq.feet has risen 114 %, going from $61.28 to $69.69 per sq.feet. The price per sq.feet has had a considerable rise of 140 % 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 $65.49 to $91.68 during February, and March.
When referring to the price in Belmar (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $3,515. During November the price went through a considerable rise reaching $5,189. During the following two months (December, January) the price has had an average rise from $4,352 to $4,593.5. During the last two months the average price has fallen greatly compared to the previous four going from $4,472.75 to $3,372, which means a 75 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 21 % more expensive than the average price of $4,140 in Belmar. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 21 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 26 % more affordable than the average price of ($100 / sq.feet) in Belmar. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 26 % more affordable 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 $3,433 it is 62 % 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 "Condo". At a price of $4,115 it is 21 % 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 $50 / sq.feet followed by "Commercial" priced at $90 / sq.feet. "House" is the most affordable type of property with a $100 / sq.feet value followed by "Condo" with an average price of $95 / sq.feet.
