Property prices for sale in Far Hills (New Jersey)

The prices in real estate in Far Hills, in the New Jersey region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$2,405,009.33
Average price last 6 months
$28,952.67
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Far Hills has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $33,929. In the following month the price per sq.feet decreased considerably to $21,541. The price for the following two months in (December, January) had a considerable decrease of 12 with regard to the prior two months. The price per sq.feet has had a considerable increase of 361 % 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 $15,479.75 to $55,898.5 during February, and March.

Average price

Based upon to the price in Far Hills (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $2,597,326. In November This price remains at $2,596,115. During the following two months (December, January) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 87 %, going from $2,510,493.5 to $2,194,041 in February and March.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Far Hills
Number of properties used in region New Jersey
$2,068,899
$58,764
208
374,290
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value