Property prices for sale in Barnegat (New Jersey)
The prices in real estate in Barnegat, in the New Jersey region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Barnegat has increased strongly during the last 6 months. In October, the average price per sq.feet was $218. In the following month the price per sq.feet increased considerably to $264. The price for the following two months in (December, January) had a considerable increment of 197 %. The price per sq.feet has had a considerable increase of 117 % 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 $358.25 to $419 during February, and March.
Based upon to the price in Barnegat (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $439,389. In November This price remains at $453,553. In the following two months the average price has remained the same with regard to the previous two months from $446,471 to $450,718. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $448,594.5 and $466,199.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $476,335 they are 54 % more affordable than the average price for Barnegat. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 3 bedrooms priced at $477,781.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $154 / sq.feet, with an average $373 / sq.feet price in Barnegat. The properties with the highest average prices have 4 bedrooms. They are 370 % more expensive than the average followed by properties with 3 bedrooms with a price at $483 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $476,335 it is 86 % cheaper than the average price in Barnegat. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $496,838 it is 98 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $329 / sq.feet followed by "Commercial" priced at $445 / sq.feet. "House" is the most costly type of property with a $629 / sq.feet cost followed by "Land" with an average price of $504 / sq.feet.
