Property prices for sale in Englishtown (New Jersey)
The prices in real estate in Englishtown, 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 Englishtown has increased strongly during the last 6 months. In October, the average price per sq.feet was $314. In the following month the price per sq.feet increased considerably to $586. The price for the following two months in (December, January) had a considerable increment of 222 %. The price per sq.feet has had a considerable increase of 177 % 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 $723.75 to $1,279.5 during February, and March.
Based upon to the price in Englishtown (cities), this has gone up considerably in the last 6 months. The price in October is $455,798, rising in November till $480,183. During the following two months (December, January) the price has had an average incrementation from $467,990.5 to $494,545.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 132 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $641,835 they are 61 % more affordable than the average price for Englishtown. The properties with the lowest average price have 4 bedrooms, Their price is 4 % cheaper than the average. After that we have properties with 3 bedrooms priced at $516,581.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $231 / sq.feet, with an average $1,930 / sq.feet price in Englishtown. The properties with the lowest average prices have 3 bedrooms. They are 48 % cheaper than the average followed by properties with 4 bedrooms with a price at $618 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $641,835 it is 56 % cheaper than the average price in Englishtown. "House" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "Detached House". At a price of $598,446 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $158 / sq.feet followed by "Condo" priced at $231 / sq.feet. "House" is the cheapest type of property with a $1,073 / sq.feet value followed by "Detached House" with an average price of $304 / sq.feet.
