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 April, the average price per sq.feet was $151. In May this price pretty much remained the same at a value of $151 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $151 to $153 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 $152 to $151.5 during August y September
Based upon to the price in Gloucester City (cities), this has gone up in the last 6 months. The average price during our first sample month during April, is $199,443. During May the price went through a considerable rise reaching $230,158. In the following two months the average price has remained the same with regard to the previous two months from $214,800.5 to $221,671. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $230,524 they are 23 % more affordable than the average price for Gloucester City. The properties with the highest average price have 1 bedroom, Their price is 30 % more costly than the average. After that we have properties with 4 bedrooms priced at $285,753.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $147 / sq.feet, with an average $156 / sq.feet price in Gloucester City. The properties with the highest average prices have 1 bedroom. They are 60 % more expensive than the average followed by properties with 3 bedrooms with a price at $153 / sq.feet.
The graph displaying the average prices displays the property type "" as the most affordable one. At an cost of $230,524 it is 78 % cheaper than the average price in Gloucester City. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $229,358 it is 3 % 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 $103 / sq.feet followed by "Townhouse" priced at $131 / sq.feet. "Detached House" is the most costly type of property with a $157 / sq.feet cost followed by "House" with an average price of $150 / sq.feet.