The prices in real estate in Cliffside Park, 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 Cliffside Park has fallen in the last 6 months. In November, the average price per sq.feet was $493. In the following month the price per sq.feet increased to $518. The price for the following two months in (January, February) had a considerable decrease of 84 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 78 % 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 $465.25 to $364.5 during March, and April.
Based upon to the price in Cliffside Park (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $1,092,080. In December This price remains at $1,105,170. During the following two months (January, February) the average price fell 91 % 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 85 %, going from $1,050,796.75 to $897,028.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $919,200 they are 9 % more expensive than the average price for Cliffside Park. Following this ranking we find those properties with 3 at an average price of $1,560,149. The properties with the highest average price have 3 bedrooms, Their price is 70 % more costly than the average. After that we have properties with 1 bedroom priced at $1,005,216.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $25,046 / sq.feet, with an average $385 / sq.feet price in Cliffside Park. The properties with the highest average prices have 1 bedroom. They are 8842 % more expensive than the average followed by properties with 3 bedrooms with a price at $25,046 / sq.feet.
With regard to the average price based upon the property in Cliffside Park we can see that most expensive property type is "Condo" at a price of $1,560,149, they are 70 % more costly than the average price of (!PRECIO2!). "Condo" has the highest price. This price is 70 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Condo with an average price of $25,046 / sq.feet. "Condo" at an average price of $25,046 / sq.feet has the most expensive price and would be directed at more affluent cities.