The rent prices in real estate in South Bound Brook, 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 South Bound Brook has risen strongly during the last 6 months. In October, the average price per sq.feet was . In the following month the price per sq.feet rose considerably to $1.79. The price for the following two months in (December, January) had a considerable rise of 204 %. The price per sq.feet has had a considerable rise of 133 % 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 $1.36 to $1.82 during February, and March.
When referring to the price in South Bound Brook (cities), this has risen considerably in the last 6 months. The average price during our first sample month during October, is $2,222. During November the price went through a considerable rise reaching $2,865. During the following two months (December, January) the price has had an average rise from $2,543.5 to $2,717.5. Based on an analysis of the first four prices and the last two months the average price has increased 114 % during the last two months.