Property prices for sale in Demarest (New Jersey)

The price per sq.feet in Demarest has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $729,494. In the following month the price per sq.feet decreased considerably to $802. The price for the following two months in (January, February) had a considerable increment of 250 %. The price per sq.feet has decreased 90 % 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 $638,130.75 to $571,141.5 during March, and April.

Based upon to the price in Demarest (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $2,384,648. In December This price remains at $2,401,600. During the following two months (January, February) the average price had a considerable reduction of 66 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 162 % during the last two months.