The prices in real estate in Flanders, in the New Jersey region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Flanders has increased during the last 6 months. In December, the average price per sq.feet was $261. In January this price pretty much remained the same at a value of $254 per sq.feet. The price for the following two months in (February, March) had a considerable increment of 117 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $279.25 to $268 during April y May
Based upon to the price in Flanders (cities), these have remained the same in the last 6 months. In our first sample month during December, the average price is $608,631. In January This price remains at $622,781. In the following two months the average price has remained the same with regard to the previous two months from $615,706 to $613,659.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $614,682.75 to $581,341 in April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $554,290 they are 7 % more affordable than the average price for Flanders. The properties with the highest average price have 2 bedrooms, Their price is 49 % more costly than the average. After that we have properties with 1 bedroom priced at $550,208.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $230 / sq.feet, with an average $263 / sq.feet price in Flanders. The properties with the highest average prices have 2 bedrooms. They are 11 % more expensive than the average followed by properties with 3 bedrooms with a price at $258 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $554,290 it is 19 % cheaper than the average price in Flanders. "House" is seen as the second most affordable property type. The cheapest type property is "Commercial" followed by "Apartment". At a price of $532,480 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $207 / sq.feet followed by "House" priced at $263 / sq.feet. "Apartment" is the most costly type of property with a $1,683 / sq.feet cost followed by "Commercial Property" with an average price of $599 / sq.feet.