Property prices for sale in Colts Neck (New Jersey)

The prices in real estate in Colts Neck, in the New Jersey region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$1,483,295.17
Average price last 6 months
$25,223.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Colts Neck has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $83,678. In the following month the price per sq.feet decreased considerably to $44,663. The price for the following two months in (January, February) had a considerable decrease of 16 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 3 % 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 $37,367.5 to $935.5 during March, and April.

Average price

Based upon to the price in Colts Neck (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $1,289,929. During December the price went through a considerable rise reaching $1,489,507. During the following two months (January, February) the price has had an average incrementation from $1,389,718 to $1,556,242. 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 $1,472,980 and $1,503,925.5 between March and April.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 6 % cheaper than the average price of $1,428,010 in Colts Neck. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 6 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 405 % more costly than the average price of ($1,642 / sq.feet) in Colts Neck. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 405 % more costly than the average value aforementioned.

Price per property type

The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $1,526,526 it is 6 % cheaper than the average price in Colts Neck. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $1,428,010 it is 5 % 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 $1,642 / sq.feet followed by "Townhouse" priced at $2,212 / sq.feet. "Townhouse" is the most costly type of property with a $2,212 / sq.feet cost followed by "House" with an average price of $1,642 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Colts Neck
Number of properties used in region New Jersey
$1,526,526
$325
974
323,062
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value