The rent prices in real estate in Cherry Hill, 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 Cherry Hill has risen during the last 6 months. In November, the average price per sq.feet was $2.21. In December this price barely changed remaining at $2.26 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.23 to $2.34 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $2.28 to $2.35 during March y April
When referring to the price in Cherry Hill (cities), there have hardly been any changes in the last 6 months. In our first sample month during November, the average price is $2,331. In December This price remains at $2,261. In the following two months the average price has hardly changed with regard to the previous two months from $2,296 to $2,372.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 94 %, going from $2,334.25 to $2,201.5 in March and April.
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 $2,190 they are 8 % more affordable than the average price for Cherry Hill . The properties with the highest average price have 4 bedrooms, Their price is 64 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,122.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $1.72 / sq.feet, with an average $2.39 / sq.feet price in Cherry Hill. The properties with the most expensive average prices have 1 bedroom. They are 1 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.28 / sq.feet.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,190 it is 3 % more affordable than the average price in Cherry Hill. "Condo" is seen as the second most affordable property type. The most expensive property type is "" followed by "Condo". At a price of $2,918 it is 37 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $1.99 / sq.feet followed by "House" priced at $2.39 / sq.feet. "House" is the most affordable type of property with a $2.39 / sq.feet value followed by "Condo" with an average price of $1.99 / sq.feet.