Property prices for sale in Bridgewater (New Jersey)
The prices in real estate in Bridgewater, in the New Jersey region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Bridgewater has increased during the last 6 months. In October, the average price per sq.feet was $314. In November this price pretty much remained the same at a value of $310 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from $312 to $340 per sq.feet. The price per sq.feet has had a considerable increase of 119 % 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 $326 to $389 during February, and March.
Based upon to the price in Bridgewater (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $594,207. In November This price remains at $589,296. During the following two months (December, January) the average price fell 91 % 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 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $651,985 they are 76 % more affordable than the average price for Bridgewater. The properties with the highest average price have 4 bedrooms, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $469,112.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $208 / sq.feet, with an average $407 / sq.feet price in Bridgewater. The properties with the highest average prices have 3 bedrooms. They are 44761 % more expensive than the average followed by properties with 2 bedrooms with a price at $15,088 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $651,985 it is 41 % cheaper than the average price in Bridgewater. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Office". At a price of $606,132 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $245 / sq.feet followed by "Townhouse" priced at $1,319 / sq.feet. "Office" is the most costly type of property with a $9,691 / sq.feet cost followed by "House" with an average price of $9,355 / sq.feet.
