The rent prices in real estate in Short Hills, 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 Short Hills has risen strongly during the last 6 months. In April, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $139. The price for the following two months in (June, July) had a considerable rise of 158 %. 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 $89.75 to $87 during August y September
When referring to the price in Short Hills (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is . During May the price went through a considerable rise reaching $4,488. During the following two months (June, July) the average price had a considerable rise of 275 % 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 127 % 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 $5,328 they are 66 % more affordable than the average price for Short Hills . The properties with the lowest average price have 3 bedrooms, Their price is 41 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,803.
With regard to the average prices per sq.feet those properties with 3 bedrooms are 79 % more affordable than the average price of ($18 / sq.feet) in Short Hills. Properties with the most affordable price when referring to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 79 % more affordable than the average value aforementioned.
With regard to the average price based upon the property in Short Hills we can see that the most affordable property type is "House" at a price of $3,132, they are 41 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 41 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most affordable property type is "House with an average cost of $18 / sq.feet. "House" with an average price of $18 / sq.feet has the most affordable price and would be directed at less affluent cities.