The rent prices in real estate in Dunellen, 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 Dunellen has had a strong fall during the last 6 months. In April, the average price per sq.feet was $31. In May this price barely changed remaining at $31 per sq.feet. The price for the following two months in (June, July) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 169 % 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 $15.5 to $26.14 during August, and September.
When referring to the price in Dunellen (cities), this has fallen considerably in the last 6 months. In our first sample month during April, the average price is $1,360. In May This price remains at $1,360. During the following two months (June, July) the average price had a considerable fall of 0 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 230 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 8 % more expensive than the average price of $1,911 in Dunellen. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 8 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 39 % more expensive than the average price of ($31 / sq.feet) in Dunellen. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 39 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most expensive one. At an cost of $1,770 it is 8 % more expensive than the average price in Dunellen. "Duplex" is seen as the second most expensive property type. The most expensive property type is "Duplex" followed by "House". At a price of $1,911 it is 24 % more expensive than the average price.
According to the average cost per sq.feet, the least affordable property would be "House" at an average price of $31 / sq.feet followed by "Duplex" priced at $40 / sq.feet. "Duplex" is the most expensive type of property with a $40 / sq.feet value followed by "House" with an average price of $31 / sq.feet.