The prices in real estate in Fortescue, 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.
The price per sq.feet in Fortescue has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $269. In the following month the price per sq.feet decreased considerably to $202. The price for the following two months in (January, February) had a considerable decrease of 38 with regard to the prior two months. The price per sq.feet has had a considerable increase of 142 % 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 $163 to $232 during March, and April.
Based upon to the price in Fortescue (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $303,086. In December This price remains at $304,250. During the following two months (January, February) the average price had a considerable reduction of 21 % 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 135 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 10 % more costly than the average price of $245,655 in Fortescue. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 10 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 61 % more costly than the average price of ($371 / sq.feet) in Fortescue. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 61 % more costly than the average value aforementioned.