Property prices for rent in Hopatcong (New Jersey)
The rent prices in real estate in Hopatcong, 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 Hopatcong has risen strongly during the last 6 months. In October, the average price per sq.feet was $1.71. In November this price barely changed remaining at $1.73 per sq.feet. In the following two months the price per sq.feet has risen 108 %, going from $1.72 to $1.86 per sq.feet. The price per sq.feet has had a considerable rise of 157 % 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 $1.79 to $2.81 during February, and March.
When referring to the price in Hopatcong (cities), this has risen considerably in the last 6 months. The rent price in October is $2,033, rising in November till $2,325. During the following two months (December, January) the average price had a considerable rise of 123 % 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 145 % 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 $4,106 they are 60 % more affordable than the average price for Hopatcong . The properties with the lowest average price have 3 bedrooms, Their price is 3 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,442.
With regard to the average prices per sq.feet those properties with 3 bedrooms are 1688 % more expensive than the average price of ($54 / sq.feet) in Hopatcong. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 1688 % more expensive than the average value aforementioned.
With regard to the average price based upon the property in Hopatcong we can see that the most affordable property type is "House" at a price of $3,980, they are 3 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 3 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $54 / sq.feet. "House" at an average price of $54 / sq.feet has the highest price and would be directed at more affluent cities.
