Property prices for sale in Kearny (New Jersey)
The prices in real estate in Kearny, in the New Jersey region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Kearny has fallen in the last 6 months. In October, the average price per sq.feet was $488. In the following month the price per sq.feet decreased considerably to $398. The price for the following two months in (December, January) decreased 89 % with regard to the prior two months. The price per sq.feet has increased 114 % 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 $419.25 to $476.5 during February, and March.
Based upon to the price in Kearny (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $577,309. In November This price remains at $553,221. In the following two months the average price has remained the same with regard to the previous two months from $565,265 to $555,698.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $578,151 they are 76 % more affordable than the average price for Kearny. The properties with the lowest average price have 1 bedroom, Their price is 75 % cheaper than the average. After that we have properties with 3 bedrooms priced at $143,320.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $1,460 / sq.feet, with an average $478 / sq.feet price in Kearny. The properties with the highest average prices have 1 bedroom. They are 222 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,510 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $578,151 it is 76 % cheaper than the average price in Kearny. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Detached House" followed by "Townhouse". At a price of $262,828 it is 50 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $101 / sq.feet followed by "Townhouse" priced at $207 / sq.feet. "House" is the most costly type of property with a $1,460 / sq.feet cost followed by "Townhouse" with an average price of $207 / sq.feet.
