The prices in real estate in Haddon Heights, 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 Haddon Heights has increased strongly during the last 6 months. In December, the average price per sq.feet was $162. In the following month the price per sq.feet increased to $174. In the following two months the price per sq.feet has increased 113 %, going from $168 to $189 per sq.feet. The price per sq.feet has had a considerable increase of 116 % 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 $178.5 to $206.5 during April, and May.
Based upon to the price in Haddon Heights (cities), this has gone up in the last 6 months. In our first sample month during December, the average price is $315,705. In January This price remains at $320,624. In the following two months the average price has remained the same with regard to the previous two months from $318,164.5 to $317,941.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $365,914 they are 1 % more expensive than the average price for Haddon Heights. Following this ranking we find those properties with 2 at an average price of $374,700. The properties with the highest average price have 1 bedroom, Their price is 3 % more costly than the average. After that we have properties with 2 bedrooms priced at $374,700.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $152 / sq.feet, with an average $213 / sq.feet price in Haddon Heights. The properties with the lowest average prices have 1 bedroom. They are 24 % cheaper than the average followed by properties with 2 bedrooms with a price at $161 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $365,914 it is 12 % cheaper than the average price in Haddon Heights. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $322,269 it is 1 % 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 $141 / sq.feet followed by "House" priced at $147 / sq.feet. "Apartment" is the cheapest type of property with a $152 / sq.feet value followed by "House" with an average price of $147 / sq.feet.