Property prices for sale in East Hanover (New Jersey)

The price per sq.feet in East Hanover has increased strongly during the last 6 months. In October, the average price per sq.feet was $6,382. In the following month the price per sq.feet increased considerably to $33,026. The price for the following two months in (December, January) had a considerable decrease of 23 with regard to the prior two months. The price per sq.feet has had a considerable increase of 1117 % 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 $12,090.75 to $135,044 during February, and March.

Based upon to the price in East Hanover (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $809,926. In November This price remains at $829,257. In the following two months the average price has remained the same with regard to the previous two months from $819,591.5 to $820,899.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $820,245.5 to $755,770 in February and March.