The prices in real estate in Fairview, 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 Fairview has increased strongly during the last 6 months. In May, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to . The price for the following two months in (July, August) had a considerable increment of 2147483647 %. The price per sq.feet has had a considerable increase of 233 % 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 $103.5 to $241.5 during September, and October.
Based upon to the price in Fairview (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during May, is . During June the price went through a considerable rise reaching . During the following two months (July, August) the average price had a considerable increase of 2147483647 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 170 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the most costly ones. At a price of $291,300 they are 77 % more expensive than the average price for Fairview. Following this ranking we find those properties with 3 at an average price of $517,682. The properties with the highest average price have 1 bedroom, Their price is 79 % more costly than the average. After that we have properties with 2 bedrooms priced at $520,802.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $272 / sq.feet, with an average $265 / sq.feet price in Fairview. The properties with the highest average prices have 1 bedroom. They are 6 % more expensive than the average followed by properties with 2 bedrooms with a price at $280 / sq.feet.
With regard to the average price based upon the property in Fairview we can see that most expensive property type is "Apartment" at a price of $516,646, they are 77 % more costly than the average price of (!PRECIO2!). "Apartment" has the highest price. This price is 77 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "Apartment with an average price of $272 / sq.feet. "Apartment" at an average price of $272 / sq.feet has the most expensive price and would be directed at more affluent cities.