The prices in real estate in Bellmawr, 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 Bellmawr has increased strongly during the last 6 months. In April, the average price per sq.feet was $63. In May this price pretty much remained the same at a value of $63 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 1222 %. The price per sq.feet has had a considerable deflation of 27 % 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 $416.5 to $114.5 during August, and September.
Based upon to the price in Bellmawr (cities), this has gone up in the last 6 months. In our first sample month during April, the average price is $92,203. In May This price remains at $92,203. During the following two months (June, July) the average price had a considerable reduction of 77 % 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 179 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $146,036 they are 4 % more affordable than the average price for Bellmawr. The properties with the highest average price have 1 bedroom, Their price is 2 % more costly than the average. After that we have properties with 2 bedrooms priced at $148,577.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $1,528 / sq.feet, with an average $113 / sq.feet price in Bellmawr. The properties with the highest average prices have 1 bedroom. They are 6350 % more expensive than the average followed by properties with 2 bedrooms with a price at $7,257 / sq.feet.
The graph displaying the average prices displays the property type "Villa" as the most affordable one. At an cost of $146,036 it is 8 % cheaper than the average price in Bellmawr. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Villa". At a price of $135,024 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Villa" at an average cost of $1,178 / sq.feet followed by "House" priced at $1,528 / sq.feet. "House" is the most costly type of property with a $1,528 / sq.feet cost followed by "Villa" with an average price of $1,178 / sq.feet.