Property prices for sale in Berkeley Heights (New Jersey)
The prices in real estate in Berkeley Heights, 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 Berkeley Heights has increased strongly during the last 6 months. In October, the average price per sq.feet was $2,111. In the following month the price per sq.feet decreased considerably to $1,304. The price for the following two months in (December, January) had a considerable increment of 183 %. The price per sq.feet has had a considerable increase of 137 % 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 $2,413.5 to $3,307.5 during February, and March.
Based upon to the price in Berkeley Heights (cities), this has gone up in the last 6 months. The price in October is $440,276, rising in November till $467,929. During the following two months (December, January) the average price had a considerable increase of 129 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $519,695.75 to $429,776.5, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the most costly ones. At a price of $475,776 they are 10 % more expensive than the average price for Berkeley Heights. Following this ranking we find those properties with 3 at an average price of $524,717. The properties with the highest average price have 1 bedroom, Their price is 12 % more costly than the average. After that we have properties with 2 bedrooms priced at $529,997.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $18,217 / sq.feet, with an average $2,104 / sq.feet price in Berkeley Heights. The properties with the highest average prices have 1 bedroom. They are 784 % more expensive than the average followed by properties with 2 bedrooms with a price at $18,502 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $475,776 it is 10 % more expensive than the average price in Berkeley Heights. "Commercial" is seen as the second dearest property type. The dearest property type is "Commercial" followed by "House". At a price of $522,096 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Commercial" at an average cost of $4,595 / sq.feet followed by "House" priced at $18,217 / sq.feet. "House" is the most costly type of property with a $18,217 / sq.feet cost followed by "Commercial" with an average price of $4,595 / sq.feet.
