The rent prices in real estate in Skillman, 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 Skillman has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.9. In the following month the price per sq.feet fell considerably to $1.48. The price for the following two months in (December, January) had a considerable fall of 53 with regard to the previous two months. The price per sq.feet has had a considerable fall of 36 % 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 $1.29 to $0.47 during February, and March.
When referring to the price in Skillman (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $3,617. During November the price went through a considerable rise reaching $4,400. During the following two months (December, January) the average price had a considerable fall of 72 % 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 $3,451.75 to $2,433, which means a 70 % fall.
The graph displaying the average rent price for bedrooms illustrates that those properties with 2 bedrooms are the most expensive ones. At a price of $1,944 they are 47 % more expensive than the average price for Skillman. Following this ranking we find those properties with 1 at an average price of $2,867. The properties with the highest average price have 1 bedroom, Their price is 47 % more expensive than the average. After that we have properties with 2 bedrooms priced at $2,864.
According to average price per property type in Skillman, "" priced at $2,864 is 47 % more expensive than the average price ($1,944) in this city.