The prices in real estate in Gibbstown, 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 Gibbstown has increased strongly during the last 6 months. In November, the average price per sq.feet was $152. In the following month the price per sq.feet increased to $174. In the following two months the price per sq.feet has increased 110 %, going from $163 to $178.5 per sq.feet. 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 $170.75 to $178.5 during March y April
Based upon to the price in Gibbstown (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $306,819. In December This price remains at $299,088. During the following two months (January, February) the price has had an average incrementation from $302,953.5 to $321,686.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 119 % during the last two months.