Property prices for rent in Thorofare (New Jersey)
The rent prices in real estate in Thorofare, 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 Thorofare has had a strong fall during the last 6 months. In October, the average price per sq.feet was $1.92. In the following month the price per sq.feet rose to $2.04. The price for the following two months in (December, January) had a considerable fall of 51 with regard to the previous two months. The price per sq.feet has had a considerable rise of 134 % 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 $1.49 to $2 during February, and March.
When referring to the price in Thorofare (cities), this has fallen in the last 6 months. In our first sample month during October, the average price is $2,350. In November This price remains at $2,317. During the following two months (December, January) the average price fell 85 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 91 %, going from $2,162 to $1,963 in February and March.
The graph displaying the average rent price for bedrooms illustrates that those properties with 4 bedrooms are the most affordable ones. At a price of $2,091 they are 48 % more affordable than the average price for Thorofare . The properties with the highest average price have 2 bedrooms, Their price is 15 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,994.
According to average price per property type in Thorofare, "" priced at $1,096 is 48 % lower than the average price ($2,091) in this city.
