The prices in real estate in Bordentown, 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 Bordentown has increased strongly during the last 6 months. In February, the average price per sq.feet was $158. In March this price pretty much remained the same at a value of $156 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $157 to $150 per sq.feet. The price per sq.feet has had a considerable increase of 27341 % 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 $153.5 to $41,968 during June, and July.
Based upon to the price in Bordentown (cities), this has gone downing the last 6 months. The average price for February is $297,317. During March the price had a slight fall till $258,343. During the following two months (April, May) the average price had a considerable reduction of 85 % 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 gone up 115 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $302,216 they are 10 % more expensive than the average price for Bordentown. Following this ranking we find those properties with 1 at an average price of $334,281. The properties with the highest average price have 1 bedroom, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at $330,949.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $155 / sq.feet, with an average $48,130 / sq.feet price in Bordentown. The properties with the lowest average prices have 1 bedroom. They are 100 % cheaper than the average followed by properties with 3 bedrooms with a price at $155 / sq.feet.
The graph displaying the average prices displays the property type "Villa" as the most costly one. At an cost of $302,216 it is 1 % more expensive than the average price in Bordentown. "House" is seen as the second dearest property type. The dearest property type is "Farm" followed by "House". At a price of $330,949 it is 24 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $155 / sq.feet followed by "Farm" priced at $158 / sq.feet. "Villa" is the cheapest type of property with a $4,539 / sq.feet value followed by "Farm" with an average price of $158 / sq.feet.