Property prices for sale in Budd Lake (New Jersey)
The prices in real estate in Budd Lake, 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 Budd Lake has increased strongly during the last 6 months. In October, the average price per sq.feet was $196. In the following month the price per sq.feet increased considerably to $38,519. The price for the following two months in (December, January) had a considerable decrease of 1 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 3 % 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 $9,794.25 to $273.5 during February, and March.
Based upon to the price in Budd Lake (cities), this has gone downing the last 6 months. The price in October is $663,333, rising in November till $718,500. In the following two months the average price has remained the same with regard to the previous two months from $690,916.5 to $697,500. During the last two months the average price has had a strong fall compared to the previous four going from $694,208.25 to $498,991, which means a 72 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $481,667 they are 98 % more affordable than the average price for Budd Lake. The properties with the lowest average price have 3 bedrooms, Their price is 31 % cheaper than the average. After that we have properties with 2 bedrooms priced at $76,256.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $12 / sq.feet, with an average $297 / sq.feet price in Budd Lake. The properties with the lowest average prices have 3 bedrooms. They are 52 % cheaper than the average followed by properties with 2 bedrooms with a price at $106 / sq.feet.
With regard to the average price based upon the property in Budd Lake we can see that the cheapest property type is "House" at a price of $331,575, they are 31 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 31 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $142 / sq.feet. "House" with an average cost of $142 / sq.feet has the lowest price and would be directed at less affluent cities.
