The rent prices in real estate in Rumson, 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 Rumson has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1,585.28. In the following month the price per sq.feet fell considerably to $814.94. The price for the following two months in (December, January) had a considerable fall of 71 with regard to the previous two months. The price per sq.feet has had a considerable fall of 0 % 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 $1,023.3 to $1 during February, and March.
When referring to the price in Rumson (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $5,156. In November This price remains at $5,356. During the following two months (December, January) the average price had a considerable rise of 125 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $5,903 to $4,044.5, which means a 69 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 47 % more expensive than the average price of $5,415 in Rumson. Based on the bedrooms values, properties with the most expensive rent prices are those with 1 bedroom. They are 47 % more expensive than the average aforementioned.
According to average price per property type in Rumson, "" priced at $5,415 is 47 % more expensive than the average price ($3,696) in this city.