Property prices for sale in Cherry Hill (New Jersey)
The prices in real estate in Cherry Hill, 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 Cherry Hill has fallen in the last 6 months. In October, the average price per sq.feet was $231. In November this price pretty much remained the same at a value of $224 per sq.feet. The price for the following two months in (December, January) decreased 91 % 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 $217.75 to $218.5 during February y March
Based upon to the price in Cherry Hill (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $483,399. In November This price remains at $490,489. During the following two months (December, January) the average price had a considerable reduction of 83 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $444,717.25 to $418,991 in 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 $430,686 they are 53 % more affordable than the average price for Cherry Hill. The properties with the highest average price have 4 bedrooms, Their price is 23 % more costly than the average. After that we have properties with 3 bedrooms priced at $398,468.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $223 / sq.feet, with an average $220 / sq.feet price in Cherry Hill. The properties with the highest average prices have 1 bedroom. They are 49 % more expensive than the average followed by properties with 2 bedrooms with a price at $254 / sq.feet.
The graph displaying the average prices displays the property type "Detached House" as the most affordable one. At an cost of $430,686 it is 72 % cheaper than the average price in Cherry Hill. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $264,448 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $103 / sq.feet followed by "House" priced at $233 / sq.feet. "Townhouse" is the most costly type of property with a $412 / sq.feet cost followed by "Commercial" with an average price of $407 / sq.feet.
