The prices in real estate in Brigantine, 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 Brigantine has increased strongly during the last 6 months. In January, the average price per sq.feet was $190. In the following month the price per sq.feet decreased considerably to $145. The price for the following two months in (March, April) decreased 94 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 379 % 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 $162.75 to $617 during May, and June.
Based upon to the price in Brigantine (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is $333,512. During February the price went through a considerable rise reaching $429,103. In the following two months the average price has remained the same with regard to the previous two months from $381,307.5 to $379,522. Based on an analysis of the first four prices and the last two months the average price has risen strongly 127 % 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 $513,347 they are 74 % more affordable than the average price for Brigantine. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $441,843.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $211 / sq.feet, with an average $1,040 / sq.feet price in Brigantine. The properties with the lowest average prices have 2 bedrooms. They are 75 % cheaper than the average followed by properties with 3 bedrooms with a price at $240 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $513,347 it is 24 % cheaper than the average price in Brigantine. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $481,887 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $187 / sq.feet followed by "Commercial Property" priced at $212 / sq.feet. "Commercial" is the cheapest type of property with a $283 / sq.feet value followed by "Condo" with an average price of $269 / sq.feet.