The rent prices in real estate in Bridgewater, 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 Bridgewater has risen strongly during the last 6 months. In January, the average price per sq.feet was $12.35. In the following month the price per sq.feet rose considerably to $60.31. The price for the following two months in (March, April) had a considerable rise of 175 %. The price per sq.feet has had a considerable fall of 10 % 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 $49.87 to $5.24 during May, and June.
When referring to the price in Bridgewater (cities), this has risen in the last 6 months. In our first sample month during January, the average price is $1,921. In February This price remains at $1,910. During the following two months (March, April) the price has had an average rise from $1,915.5 to $2,027. Based on an analysis of the first four prices and the last two months the average price has increased 114 % 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 $2,232 they are 25 % more affordable than the average price for Bridgewater . The properties with the highest average price have 3 bedrooms, Their price is 3 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,201.
With regard to the average price per sq.feet, those properties with 2 bedrooms are the most affordable ones at a cost of $1.88 / sq.feet, with an average $8.53 / sq.feet price in Bridgewater. The properties with the most expensive average prices have 3 bedrooms. They are 9930 % more expensive than the average followed by properties with 1 bedroom with a price at $2.38 / sq.feet.
According to average price per property type in Bridgewater, "" priced at $1,827 is 18 % lower than the average price ($2,232) in this city.