The rent prices in real estate in Brick, 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 Brick has risen strongly during the last 6 months. In April, the average price per sq.feet was $1.63. In the following month the price per sq.feet rose considerably to $2.3. The price for the following two months in (June, July) had a considerable rise of 137 %. The price per sq.feet has had a considerable rise of 262 % 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 $2.33 to $6.09 during August, and September.
When referring to the price in Brick (cities), there have hardly been any changes in the last 6 months. In our first sample month during April, the average price is $1,860. In May This price remains at $1,895. During the following two months (June, July) the average price fell 92 % 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 $1,805.75 and $1,834.5 between August and September.
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 $1,795 they are 31 % more affordable than the average price for Brick . The properties with the highest average price have 3 bedrooms, Their price is 13 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,721.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.39 / sq.feet, with an average $1.46 / sq.feet price in Brick. The properties with the most expensive average prices have 3 bedrooms. They are 2599 % more expensive than the average followed by properties with 1 bedroom with a price at $1.56 / sq.feet.
According to average price per property type in Brick, "" priced at $1,619 is 10 % lower than the average price ($1,795) in this city.