The rent prices in real estate in Edgewater, 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 Edgewater has risen during the last 6 months. In December, the average price per sq.feet was $2.65. In the following month the price per sq.feet rose to $2.8. In the following two months the price per sq.feet has practically remained the same, going from $2.72 to $2.77 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 $2.75 to $2.85 during April y May
When referring to the price in Edgewater (cities), this has risen in the last 6 months. In our first sample month during December, the average price is $3,002. In January This price remains at $3,049. In the following two months the average price has hardly changed with regard to the previous two months from $3,025.5 to $3,073.5. Based on an analysis of the first four prices and the last two months the average price has increased 108 % 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 $3,389 they are 26 % more affordable than the average price for Edgewater . The properties with the highest average price have 4 bedrooms, Their price is 114 % more expensive than the average. After that we have properties with 3 bedrooms priced at $4,444.
With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $2.6 / sq.feet, with an average $2.84 / sq.feet price in Edgewater. The properties with the most expensive average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at $2.74 / sq.feet.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $3,389 it is 14 % more affordable than the average price in Edgewater. "Condo" is seen as the second most affordable property type. The most expensive property type is "House" followed by "Townhouse". At a price of $3,762 it is 121 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $2.5 / sq.feet followed by "Townhouse" priced at $2.65 / sq.feet. "Condo" is the most affordable type of property with a $2.84 / sq.feet value followed by "Townhouse" with an average price of $2.65 / sq.feet.