The rent prices in real estate in Mahwah, 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 Mahwah has risen during the last 6 months. In February, the average price per sq.feet was $2.1. In March this price barely changed remaining at $2.1 per sq.feet. In the following two months the price per sq.feet has practically remained the same, going from $2.1 to $2.16 per sq.feet. The price per sq.feet has risen 109 % 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 $2.13 to $2.32 during June, and July.
When referring to the price in Mahwah (cities), there have hardly been any changes in the last 6 months. In our first sample month during February, the average price is $2,011. In March This price remains at $2,011. During the following two months (April, May) the average price fell 94 % 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 increased 107 % 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 $2,068 they are 21 % more affordable than the average price for Mahwah . The properties with the highest average price have 2 bedrooms, Their price is 6 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,922.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 639 % more expensive than the average price of ($17 / sq.feet) in Mahwah. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 639 % more expensive than the average value aforementioned.
According to average price per property type in Mahwah, "" priced at $1,922 is 7 % lower than the average price ($2,068) in this city.