The prices in real estate in Eatontown, 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 Eatontown has fallen in the last 6 months. In February, the average price per sq.feet was $265. In the following month the price per sq.feet decreased to $244. The price for the following two months in (April, May) decreased 93 % 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 $246 to $241.5 during June y July
Based upon to the price in Eatontown (cities), this has gone downing the last 6 months. The average price for February is $552,690. During March the price had a slight fall till $514,445. In the following two months the average price has remained the same with regard to the previous two months from $533,567.5 to $509,628.5. 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 $521,598 to $480,784 in June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $474,438 they are 81 % more affordable than the average price for Eatontown. The properties with the highest average price have 4 bedrooms, Their price is 52 % more costly than the average. After that we have properties with 3 bedrooms priced at $458,240.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $87 / sq.feet, with an average $240 / sq.feet price in Eatontown. The properties with the highest average prices have 4 bedrooms. They are 8 % more expensive than the average followed by properties with 3 bedrooms with a price at $246 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $474,438 it is 39 % cheaper than the average price in Eatontown. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Office". At a price of $485,216 it is 11 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $115 / sq.feet followed by "Condo" priced at $221 / sq.feet. "Office" is the most costly type of property with a $2,930 / sq.feet cost followed by "Townhouse" with an average price of $240 / sq.feet.