The prices in real estate in Garwood, in the New Jersey region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Garwood has fallen in the last 6 months. In October, the average price per sq.feet was $309. In the following month the price per sq.feet increased to $335. The price for the following two months in (December, January) had a considerable decrease of 85 with regard to the prior two months. 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 $297.75 to $289.5 during February y March
Based upon to the price in Garwood (cities), this has fallen considerably in the last 6 months. The price in October is $822,500, rising in November till $886,225. During the following two months (December, January) the average price had a considerable reduction of 78 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $759,987.5 to $555,000.5, which means a 73 % fall.