The rent prices in real estate in Spotswood, 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 Spotswood has had a strong fall during the last 6 months. In March, the average price per sq.feet was $232.79. In the following month the price per sq.feet fell considerably to $2.32. The price for the following two months in (May, June) had a considerable fall of 2 with regard to the previous two months. The price per sq.feet has had a considerable fall of 3 % 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 $59.76 to $2 during July, and August.
When referring to the price in Spotswood (cities), this has risen considerably in the last 6 months. The average price during our first sample month during March, is $1,621. During April the price went through a considerable rise reaching $2,333. In the following two months the average price has hardly changed with regard to the previous two months from $1,977 to $1,973. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 124 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 15 % more affordable than the average price of $1,740 in Spotswood. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 15 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 15150 % more expensive than the average price of ($305 / sq.feet) in Spotswood. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 1 bedroom. They are 15150 % more expensive than the average value aforementioned.