The rent prices in real estate in Pitman, 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 Pitman has had a strong fall during the last 6 months. In November, the average price per sq.feet was $1.71. In the following month the price per sq.feet fell to $1.47. The price for the following two months in (January, February) had a considerable fall of 80 with regard to the previous two months. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.43 to $1.4 during March y April
When referring to the price in Pitman (cities), there have hardly been any changes in the last 6 months. The average price for November is $2,250. During December the price had a slight fall till $2,002. In the following two months the average price has hardly changed with regard to the previous two months from $2,126 to $2,034.5. Based on an analysis of the first four prices and the last two months the average price has increased 112 % during the last two months.
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 $2,440 they are 46 % more affordable than the average price for Pitman . The properties with the highest average price have 3 bedrooms, Their price is 1 % more expensive than the average. After that we have properties with 4 bedrooms priced at $2,028.
According to average price per property type in Pitman, "" priced at $1,652 is 32 % lower than the average price ($2,440) in this city.