The prices in real estate in Egg Harbor Township, in the New Jersey region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Egg Harbor Township has increased strongly during the last 6 months. In March, the average price per sq.feet was $131. In the following month the price per sq.feet increased considerably to $165. The price for the following two months in (May, June) had a considerable increment of 143 %. The price per sq.feet has had a considerable increase of 178 % 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 $179.75 to $319.5 during July, and August.
Based upon to the price in Egg Harbor Township (cities), these have remained the same in the last 6 months. The price in March is $208,860, rising in April till $229,804. In the following two months the average price has remained the same with regard to the previous two months from $219,332 to $220,981.5. 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 $220,156.75 and $209,557.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $211,708 they are 56 % more affordable than the average price for Egg Harbor Township. The properties with the highest average price have 4 bedrooms, Their price is 38 % more costly than the average. After that we have properties with 3 bedrooms priced at $211,171.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $68 / sq.feet, with an average $429 / sq.feet price in Egg Harbor Township. The properties with the highest average prices have 2 bedrooms. They are 1218 % more expensive than the average followed by properties with 3 bedrooms with a price at $3,290 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $211,708 it is 56 % cheaper than the average price in Egg Harbor Township. "Land" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $226,133 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $110 / sq.feet followed by "House" priced at $166 / sq.feet. "Apartment" is the most costly type of property with a $4,466 / sq.feet cost followed by "Land" with an average price of $737 / sq.feet.