The rent prices in real estate in Point Pleasant Beach, 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 Point Pleasant Beach has risen strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1. The price for the following two months in (December, January) had a considerable rise of 200 %. The price per sq.feet has had a considerable rise of 133 % 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 $0.75 to $1 during February, and March.
When referring to the price in Point Pleasant Beach (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is . During November the price went through a considerable rise reaching $1,471. During the following two months (December, January) the average price had a considerable rise of 343 % 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 177 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most affordable ones. At a price of $2,876 they are 27 % more affordable than the average price for Point Pleasant Beach . The properties with the lowest average price have 1 bedroom, Their price is 15 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,099.
The graph displaying the average rent prices displays the property type "" as the most affordable one. At an cost of $2,876 it is 27 % more affordable than the average price in Point Pleasant Beach. "Garage" is seen as the second most affordable property type. The most affordable property is "Land" followed by "Garage". At a price of $2,322 it is 19 % more affordable than the average price.
According to the average cost per sq.feet, the least affordable property would be "Garage" at an average price of $26 / sq.feet followed by "Land" priced at $28 / sq.feet. "Land" is the most expensive type of property with a $28 / sq.feet value followed by "Garage" with an average price of $26 / sq.feet.