Property prices for sale in Hammonton (New Jersey)
The prices in real estate in Hammonton, in the New Jersey region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Hammonton has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $515. In the following month the price per sq.feet decreased considerably to $210. The price for the following two months in (December, January) had a considerable decrease of 60 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 76 % 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 $290 to $221 during February, and March.
Based upon to the price in Hammonton (cities), these have remained the same in the last 6 months. The average price for October is $409,248. During November the price had a slight fall till $384,259. In the following two months the average price has remained the same with regard to the previous two months from $396,753.5 to $380,884. 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 1 bedroom are the cheapest ones. At a price of $398,799 they are 53 % more affordable than the average price for Hammonton. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 3 bedrooms priced at $361,151.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $170 / sq.feet, with an average $209 / sq.feet price in Hammonton. The properties with the highest average prices have 3 bedrooms. They are 5 % more expensive than the average followed by properties with 4 bedrooms with a price at $197 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $398,799 it is 31 % cheaper than the average price in Hammonton. "House" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Land". At a price of $549,425 it is 80 % 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 $191 / sq.feet followed by "House" priced at $203 / sq.feet. "Land" is the most costly type of property with a $33,220 / sq.feet cost followed by "Commercial" with an average price of $283 / sq.feet.
