The prices in real estate in Cape May Court House, in the New Jersey region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Cape May Court House has remained the same in the last 6 months. In August, the average price per sq.feet was $272. In September this price pretty much remained the same at a value of $280 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $276 to $289 per sq.feet. The price per sq.feet has decreased 89 % 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 $282.5 to $250.5 during December, and January.
Based upon to the price in Cape May Court House (cities), this has gone up in the last 6 months. The price in August is $544,952, rising in September till $579,490. During the following two months (October, November) the price has had an average incrementation from $562,221 to $644,669. During the last two months the average price has had a strong fall compared to the previous four going from $603,445 to $502,192.5, which means a 83 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $463,413 they are 54 % more affordable than the average price for Cape May Court House. The properties with the highest average price have 4 bedrooms, Their price is 44 % more costly than the average. After that we have properties with 3 bedrooms priced at $494,914.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $271 / sq.feet, with an average $244 / sq.feet price in Cape May Court House. The properties with the highest average prices have 2 bedrooms. They are 27 % more expensive than the average followed by properties with 3 bedrooms with a price at $289 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $463,413 it is 52 % cheaper than the average price in Cape May Court House. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $619,372 it is 35 % 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 $153 / sq.feet followed by "House" priced at $273 / sq.feet. "Condo" is the most costly type of property with a $295 / sq.feet cost followed by "House" with an average price of $273 / sq.feet.