The rent prices in real estate in Oaklyn, 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 Oaklyn has risen strongly during the last 6 months. In September, the average price per sq.feet was $1.24. In the following month the price per sq.feet rose considerably to $12. In the following two months the price per sq.feet has practically remained the same, going from $6.62 to $6.65 per sq.feet. The price per sq.feet has had a considerable fall of 57 % 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 $6.64 to $3.75 during January, and February.
When referring to the price in Oaklyn (cities), this has risen considerably in the last 6 months. The average price during our first sample month during September, is $1,546. During October the price went through a considerable rise reaching $13,796. In the following two months the average price has hardly changed with regard to the previous two months from $7,671 to $7,390.5. During the last two months the average price has fallen greatly compared to the previous four going from $7,530.75 to $4,112.5, which means a 55 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most expensive ones. At a price of $900 they are 4 % more expensive than the average price for Oaklyn. Following this ranking we find those properties with 4 at an average price of $1,090. The properties with the highest average price have 3 bedrooms, Their price is 39 % more expensive than the average. After that we have properties with 2 bedrooms priced at $1,173.
With regard to the average prices per sq.feet those properties with 3 bedrooms are 2767 % more expensive than the average price of ($43 / sq.feet) in Oaklyn. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 2767 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Townhouse" as the most expensive one. At an cost of $900 it is 16 % more expensive than the average price in Oaklyn. "" is seen as the second most expensive property type. The most expensive property type is "" followed by "Townhouse". At a price of $1,047 it is 21 % more expensive than the average price.
According to the average area price by sq.feet the most expensive property type is "Townhouse with an average cost of $34 / sq.feet. "Townhouse" at an average price of $34 / sq.feet has the highest price and would be directed at more affluent cities.