The prices in real estate in Glassboro, 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 Glassboro has increased during the last 6 months. In April, the average price per sq.feet was $754. In the following month the price per sq.feet increased considerably to $2,658. The price for the following two months in (June, July) had a considerable decrease of 39 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 9 % 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 $1,188.25 to $105 during August, and September.
Based upon to the price in Glassboro (cities), this has fallen considerably in the last 6 months. The average price for April is $291,077. During May the price had a considerable reduction till $167,963. During the following two months (June, July) the average price had a considerable reduction of 47 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $168,445.5 and $172,090.5 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $180,982 they are 45 % more affordable than the average price for Glassboro. The properties with the highest average price have 1 bedroom, Their price is 79 % more costly than the average. After that we have properties with 3 bedrooms priced at $297,426.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $102 / sq.feet, with an average $107 / sq.feet price in Glassboro. The properties with the highest average prices have 4 bedrooms. They are 9485 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,276 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $180,982 it is 45 % cheaper than the average price in Glassboro. "Apartment" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "Apartment". At a price of $99,546 it is 40 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Condo" at an average cost of $846 / sq.feet followed by "Townhouse" priced at $10,245 / sq.feet. "Apartment" is the most costly type of property with a $10,256 / sq.feet cost followed by "Townhouse" with an average price of $10,245 / sq.feet.