The rent prices in real estate in Far Hills, 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 Far Hills has risen strongly during the last 6 months. In October, the average price per sq.feet was $1. In the following month the price per sq.feet rose considerably to $1.79. In the following two months the price per sq.feet has practically remained the same, going from $1.39 to $1.39 per sq.feet. The price per sq.feet has had a considerable fall of 72 % 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 $1.39 to $1 during February, and March.
When referring to the price in Far Hills (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $3,929. During November the price went through a considerable rise reaching $7,400. In the following two months the average price has hardly changed with regard to the previous two months from $5,664.5 to $5,664.5. During the last two months the average price has fallen greatly compared to the previous four going from $5,664.5 to $3,929, which means a 69 % fall.