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 August, the average price per sq.feet was $1.71. In September this price barely changed remaining at $1.68 per sq.feet. The price for the following two months in (October, November) fell 92 % with regard to the previous two months. The price per sq.feet has had a considerable fall of 61 % 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 $1.63 to $1 during December, and January.
When referring to the price in Pitman (cities), this has fallen in the last 6 months. The average price for August is $1,538. During September the price had a considerable fall till $1,266. During the following two months (October, November) the average price had a considerable fall of 81 % with regard to the previous two months. 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 0 % more affordable than the average price of $1,530 in Pitman. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 3900 % more expensive than the average price of ($40 / sq.feet) in Pitman. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 3900 % more expensive than the average value aforementioned.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $1,536 it is 29 % more affordable than the average price in Pitman. "Apartment" is seen as the second most affordable property type. The most affordable property is "Apartment" followed by "". At a price of $1,090 it is 0 % more affordable than the average price.
According to the average area price by sq.feet the most expensive property type is "Apartment with an average cost of $40 / sq.feet. "Apartment" at an average price of $40 / sq.feet has the highest price and would be directed at more affluent cities.