The prices in real estate in Lakehurst, 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 Lakehurst has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,020. In the following month the price per sq.feet decreased considerably to $662. The price for the following two months in (December, January) had a considerable decrease of 25 with regard to the prior two months. The price per sq.feet has had a considerable increase of 295 % 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 $526.75 to $1,554 during February, and March.
Based upon to the price in Lakehurst (cities), this has gone downing the last 6 months. The average price for October is $429,831. During November the price had a slight fall till $386,682. During the following two months (December, January) the price has had an average incrementation from $408,256.5 to $429,825. During the last two months the average price has had a strong fall compared to the previous four going from $419,040.75 to $291,138.5, which means a 69 % fall.