The prices in real estate in Cherry Hill, 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 Cherry Hill has remained the same in the last 6 months. In October, the average price per sq.feet was $157. In November this price pretty much remained the same at a value of $162 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $159.5 to $152 per sq.feet. 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 $155.75 to $158.5 during February y March
Based upon to the price in Cherry Hill (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $318,754. In November This price remains at $331,043. During the following two months (December, January) the price has had an average incrementation from $324,898.5 to $345,201.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $335,050 and $321,327 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $331,137 they are 74 % more affordable than the average price for Cherry Hill. The properties with the highest average price have 4 bedrooms, Their price is 16 % more costly than the average. After that we have properties with 3 bedrooms priced at $278,259.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $115 / sq.feet, with an average $162 / sq.feet price in Cherry Hill. The properties with the highest average prices have 3 bedrooms. They are 2 % more expensive than the average followed by properties with 4 bedrooms with a price at $159 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $331,137 it is 54 % cheaper than the average price in Cherry Hill. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $324,754 it is 32 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $173 / sq.feet followed by "Condo" priced at $247 / sq.feet. "Apartment" is the most costly type of property with a $19,677 / sq.feet cost followed by "Farm" with an average price of $443 / sq.feet.