The rent prices in real estate in Oaklyn, in the New Jersey region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Oaklyn has had a strong fall during the last 6 months. In March, the average price per sq.feet was $1.23. In the following month the price per sq.feet rose to $1.32. The price for the following two months in (May, June) had a considerable fall of 76 with regard to the previous two months. The price per sq.feet has had a considerable fall of 44 % 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 $1.12 to $0.5 during July, and August.
When referring to the price in Oaklyn (cities), there have hardly been any changes in the last 6 months. In our first sample month during March, the average price is $1,244. In April This price remains at $1,266. During the following two months (May, June) the average price fell 90 % 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 $1,192.25 and $1,238.5 between July and August.
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 $1,342 they are 35 % more affordable than the average price for Oaklyn . The properties with the lowest average price have 2 bedrooms, Their price is 0 % more affordable than the average. After that we have properties with 3 bedrooms priced at $1,215.
With regard to the average prices per sq.feet those properties with 3 bedrooms are 2147483647 % more expensive than the average price of ($25 / 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 2147483647 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,342 it is 25 % more affordable than the average price in Oaklyn. "" is seen as the second most affordable property type. The most affordable property is "" followed by "Townhouse". At a price of $1,011 it is 21 % more affordable 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 $16 / sq.feet. "Townhouse" at an average price of $16 / sq.feet has the highest price and would be directed at more affluent cities.