The rent prices in real estate in Pemberton, 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 Pemberton has had a strong fall during the last 6 months. In November, the average price per sq.feet was $2.19. In the following month the price per sq.feet rose to $2.38. The price for the following two months in (January, February) had a considerable fall of 48 with regard to the previous two months. The price per sq.feet has had a considerable rise of 121 % 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 $1.7 to $2.05 during March, and April.
When referring to the price in Pemberton (cities), this has risen considerably in the last 6 months. The average price during our first sample month during November, is $1,580. During December the price went through a considerable rise reaching $1,986. In the following two months the average price has hardly changed with regard to the previous two months from $1,783 to $1,809. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 121 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 56 % more affordable than the average price of $1,239 in Pemberton. Based on the bedrooms values, properties with the most affordable rent prices are those with 2 bedrooms. They are 9 % more affordable than the average aforementioned.