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 November, the average price per sq.feet was $120. In the following month the price per sq.feet increased to $133. In the following two months the price per sq.feet has increased 110 %, going from $126.5 to $139.5 per sq.feet. The price per sq.feet has had a considerable increase of 117 % 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 $133 to $155 during March, and April.
Based upon to the price in Egg Harbor Township (cities), this has gone up in the last 6 months. The price in November is $261,671, rising in December till $282,768. In the following two months the average price has remained the same with regard to the previous two months from $272,219.5 to $285,577.5. 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 $278,898.5 and $289,733 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $273,630 they are 62 % more affordable than the average price for Egg Harbor Township. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 3 bedrooms priced at $240,715.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $138 / sq.feet, with an average $149 / sq.feet price in Egg Harbor Township. The properties with the highest average prices have 3 bedrooms. They are 9 % more expensive than the average followed by properties with 1 bedroom with a price at $149 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $273,630 it is 61 % cheaper than the average price in Egg Harbor Township. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $235,658 it is 21 % 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 $138 / sq.feet followed by "House" priced at $157 / sq.feet. "Land" is the most costly type of property with a $37,786 / sq.feet cost followed by "Apartment" with an average price of $4,426 / sq.feet.