Property prices for sale in Gloucester City (New Jersey)
The prices in real estate in Gloucester City, in the New Jersey region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Gloucester City has remained the same in the last 6 months. In October, the average price per sq.feet was $168. In the following month the price per sq.feet decreased to $154. In the following two months the price per sq.feet has barely changed, going from $161 to $164 per sq.feet. The price per sq.feet has increased 106 % 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 $162.5 to $172.5 during February, and March.
Based upon to the price in Gloucester City (cities), this has gone downing the last 6 months. The average price for October is $229,479. During November the price had a slight fall till $206,878. During the following two months (December, January) the price has had an average incrementation from $218,178.5 to $229,332.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $223,755.5 to $208,899 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $215,616 they are 18 % more affordable than the average price for Gloucester City. The properties with the highest average price have 1 bedroom, Their price is 39 % more costly than the average. After that we have properties with 4 bedrooms priced at $268,536.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $146 / sq.feet, with an average $171 / sq.feet price in Gloucester City. The properties with the highest average prices have 1 bedroom. They are 46 % more expensive than the average followed by properties with 4 bedrooms with a price at $158 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $215,616 it is 76 % cheaper than the average price in Gloucester City. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $221,517 it is 19 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $97 / sq.feet followed by "Townhouse" priced at $152 / sq.feet. "House" is the cheapest type of property with a $168 / sq.feet value followed by "Detached House" with an average price of $161 / sq.feet.
