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 May, the average price per sq.feet was $61. In the following month the price per sq.feet fell considerably to $1. The price for the following two months in (July, August) had a considerable fall of 2 with regard to the previous two months. The price per sq.feet has had a considerable rise of 168 % 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 $15.75 to $26.45 during September, and October.
When referring to the price in Skillman (cities), there have hardly been any changes in the last 6 months. The average price for May is $3,349. During June the price had a slight fall till $2,915. During the following two months (July, August) the average price fell 87 % 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 131 % 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 $3,617 they are 20 % more affordable than the average price for Skillman . The properties with the lowest average price have 1 bedroom, Their price is 20 % more affordable than the average. After that we have properties with 2 bedrooms priced at $2,879.
According to average price per property type in Skillman, "" priced at $2,879 is 20 % lower than the average price ($3,617) in this city.