The prices in real estate in Budd Lake, in the New Jersey region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Budd Lake has fallen in the last 6 months. In August, the average price per sq.feet was $205. In the following month the price per sq.feet decreased to $182. The price for the following two months in (October, November) decreased 94 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $187.5 to $192 during December y January
Based upon to the price in Budd Lake (cities), these have remained the same in the last 6 months. The average price for August is $429,990. During September the price had a slight fall till $407,914. In the following two months the average price has remained the same with regard to the previous two months from $418,952 to $436,545.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % 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 $464,067 they are 27 % more affordable than the average price for Budd Lake. The properties with the lowest average price have 1 bedroom, Their price is 18 % cheaper than the average. After that we have properties with 3 bedrooms priced at $344,442.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $170 / sq.feet, with an average $197 / sq.feet price in Budd Lake. The properties with the lowest average prices have 1 bedroom. They are 4 % cheaper than the average followed by properties with 3 bedrooms with a price at $180 / 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 $344,442, they are 26 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 26 % 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 $180 / sq.feet. "House" with an average cost of $180 / sq.feet has the lowest price and would be directed at less affluent cities.