Property prices for rent in Cresskill (New Jersey)
The rent prices in real estate in Cresskill, in the New Jersey region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Cresskill has had a strong fall during the last 6 months. In November, the average price per sq.feet was $4. In December this price barely changed remaining at $4 per sq.feet. The price for the following two months in (January, February) fell 88 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 80 % 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 $3.75 to $3 during March, and April.
When referring to the price in Cresskill (cities), this has risen in the last 6 months. The average price during our first sample month during November, is $4,406. During December the price went through a considerable rise reaching $6,180. During the following two months (January, February) the average price had a considerable fall of 83 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $4,850 to $4,427 in March and April.
