The prices in real estate in Island Heights, 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 Island Heights has remained the same in the last 6 months. In November, the average price per sq.feet was $375. In the following month the price per sq.feet decreased to $339. In the following two months the price per sq.feet has barely changed, going from $357 to $368.5 per sq.feet. The price per sq.feet has increased 107 % 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 $362.75 to $387.5 during March, and April.
Based upon to the price in Island Heights (cities), these have remained the same in the last 6 months. The average price for November is $996,941. During December the price had a considerable reduction till $841,718. In the following two months the average price has remained the same with regard to the previous two months from $919,329.5 to $950,434.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 83 % cheaper than the average price of $188,103 in Island Heights. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 83 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 45 % cheaper than the average price of ($226 / sq.feet) in Island Heights. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 45 % cheaper than the average value aforementioned.