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.