Property prices for sale in Bedminster (New Jersey)

The prices in real estate in Bedminster, 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.

$957,640
Average price last 6 months
$45,497.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Bedminster has increased strongly during the last 6 months. In March, the average price per sq.feet was $5,047. In the following month the price per sq.feet decreased considerably to $3,364. The price for the following two months in (May, June) had a considerable increment of 1213 %. The price per sq.feet has had a considerable increase of 294 % 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 $27,616.25 to $81,260.5 during July, and August.

Average price

Based upon to the price in Bedminster (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $526,528. During April the price went through a considerable rise reaching $656,851. During the following two months (May, June) the average price had a considerable increase of 173 % 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 risen strongly 156 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,308,150 they are 31 % more affordable than the average price for Bedminster. The properties with the lowest average price have 2 bedrooms, Their price is 11 % cheaper than the average. After that we have properties with 1 bedroom priced at $901,281.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $1,290 / sq.feet, with an average $94,478 / sq.feet price in Bedminster. The properties with the lowest average prices have 2 bedrooms. They are 98 % cheaper than the average followed by properties with 1 bedroom with a price at $1,290 / sq.feet.

Price per property type

With regard to the average price based upon the property in Bedminster we can see that the cheapest property type is "House" at a price of $1,164,966, they are 11 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 11 % more affordable than the average price aforementioned.

According to the average area cost by sq.feet the cheapest property type is "House with an average price of $2,105 / sq.feet. "House" with an average cost of $2,105 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Bedminster
Number of properties used in region New Jersey
$1,308,150
$94,478
160
147,612
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value