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 January, the average price per sq.feet was $3.55. In the following month the price per sq.feet fell considerably to $2.46. The price for the following two months in (March, April) had a considerable rise of 278 %. The price per sq.feet has had a considerable rise of 220 % 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 $5.68 to $12.51 during May, and June.
When referring to the price in Brick (cities), there have hardly been any changes in the last 6 months. The average price for January is $1,629. During February the price had a slight fall till $1,471. In the following two months the average price has hardly changed with regard to the previous two months from $1,550 to $1,623. Based on an analysis of the first four prices and the last two months the average price has increased 112 % 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 $1,803 they are 17 % more affordable than the average price for Brick . The properties with the highest average price have 3 bedrooms, Their price is 2 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,801.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $9 / sq.feet, with an average $12.97 / sq.feet price in Brick. The properties with the most expensive average prices have 1 bedroom. They are 39 % more expensive than the average followed by properties with 3 bedrooms with a price at $15 / sq.feet.
According to average price per property type in Brick, "" priced at $1,619 is 10 % lower than the average price ($1,803) in this city.