The rent prices in real estate in Matawan, in the New Jersey region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Matawan has barely changed in the last 6 months. In October, the average price per sq.feet was $2.15. In the following month the price per sq.feet rose considerably to $2.67. The price for the following two months in (December, January) fell 90 % with regard to the previous two months. The price per sq.feet has fallen 93 % 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 $2.29 to $2.12 during February, and March.
When referring to the price in Matawan (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $2,489. In November This price remains at $2,396. During the following two months (December, January) the average price fell 94 % with regard to the previous two months. During the last two months, the average price has barely gone through any changes with regard to the previous average values going from an average value of $2,371.25 and $2,374.5 between February and March.
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 $2,574 they are 1 % more affordable than the average price for Matawan . The properties with the highest average price have 4 bedrooms, Their price is 40 % more expensive than the average. After that we have properties with 3 bedrooms priced at $3,015.
With regard to the average price per sq.feet, those properties with 1 bedroom are the most expensive ones at a cost of $2.44 / sq.feet, with an average $2.42 / sq.feet price in Matawan. The properties with the most expensive average prices have 2 bedrooms. They are 3 % more expensive than the average followed by properties with 1 bedroom with a price at $2.44 / sq.feet.
According to average price per property type in Matawan, "" priced at $2,757 is 7 % more expensive than the average price ($2,574) in this city.