Property prices for rent in Short Hills (New Jersey)
The rent prices in real estate in Short Hills, 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 Short Hills has had a strong fall during the last 6 months. In November, the average price per sq.feet was $140. In December this price barely changed remaining at $134 per sq.feet. The price for the following two months in (January, February) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable fall of 64 % 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 $68.5 to $44 during March, and April.
When referring to the price in Short Hills (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is $4,493. During December the price went through a considerable rise reaching $7,011. During the following two months (January, February) the average price had a considerable fall of 0 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 93 %, going from $2,876 to $2,667 in March and April.
