The rent prices in real estate in Mount Royal, 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 Mount Royal has risen strongly during the last 6 months. In June, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to . The price for the following two months in (August, September) had a considerable rise of 2147483647 %. The price per sq.feet has had a considerable rise of 244 % 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 $0.61 to $1.49 during October, and November.
When referring to the price in Mount Royal (cities), this has risen in the last 6 months. In our first sample month during June, the average price is $1,395. In July This price remains at $1,395. During the following two months (August, September) the average price had a considerable rise of 127 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 90 %, going from $1,584.25 to $1,420.5 in October and November.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $1,222 they are 14 % more affordable than the average price for Mount Royal . The properties with the highest average price have 1 bedroom, Their price is 36 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,055.
With regard to the average prices per sq.feet those properties with 2 bedrooms are 1300 % more expensive than the average price of ($21 / sq.feet) in Mount Royal. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 1300 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,222 it is 14 % more affordable than the average price in Mount Royal. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $1,055 it is 26 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $21 / sq.feet. "House" at an average price of $21 / sq.feet has the highest price and would be directed at more affluent cities.