The prices in real estate in Kendall Park, in the New Jersey region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Kendall Park has increased during the last 6 months. In November, the average price per sq.feet was $265. In December this price pretty much remained the same at a value of $265 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from $265 to $287 per sq.feet. The price per sq.feet has had a considerable increase of 122 % 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 $276 to $335.5 during March, and April.
Based upon to the price in Kendall Park (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $697,710. In December This price remains at $667,725. During the following two months (January, February) the average price fell 95 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $664,168.25 and $668,392 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $687,117 they are 13 % more expensive than the average price for Kendall Park. Following this ranking we find those properties with 2 at an average price of $781,236. The properties with the highest average price have 2 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 1 bedroom priced at $776,059.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $219 / sq.feet, with an average $340 / sq.feet price in Kendall Park. The properties with the lowest average prices have 1 bedroom. They are 34 % cheaper than the average followed by properties with 2 bedrooms with a price at $219 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $687,117 it is 11 % cheaper than the average price in Kendall Park. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $612,666 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $219 / sq.feet followed by "Commercial" priced at $237 / sq.feet. "Commercial" is the cheapest type of property with a $237 / sq.feet value followed by "House" with an average price of $219 / sq.feet.