Property prices for sale in Bradley Beach (New Jersey)
The prices in real estate in Bradley Beach, in the New Jersey region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Bradley Beach has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $18,577. In the following month the price per sq.feet decreased considerably to $598. The price for the following two months in (March, April) had a considerable decrease of 34 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 6 % 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 $6,410.5 to $394.5 during May, and June.
Based upon to the price in Bradley Beach (cities), this has gone up in the last 6 months. In our first sample month during January, the average price is $883,189. In February This price remains at $911,808. During the following two months (March, April) the average price fell 93 % 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 143 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $1,210,750 they are 53 % more affordable than the average price for Bradley Beach. The properties with the lowest average price have 4 bedrooms, Their price is 28 % cheaper than the average. After that we have properties with 3 bedrooms priced at $648,894.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $592 / sq.feet, with an average $399 / sq.feet price in Bradley Beach. The properties with the highest average prices have 4 bedrooms. They are 6994 % more expensive than the average followed by properties with 3 bedrooms with a price at $26,825 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $1,210,750 it is 64 % cheaper than the average price in Bradley Beach. "Ranch" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Townhouse". At a price of $847,520 it is 19 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $251 / sq.feet followed by "Ranch" priced at $300 / sq.feet. "House" is the most costly type of property with a $9,310 / sq.feet cost followed by "Condo" with an average price of $405 / sq.feet.
