The prices in real estate in Lanoka Harbor, in the New Jersey region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Lanoka Harbor has increased strongly during the last 6 months. In April, the average price per sq.feet was $1,181. In the following month the price per sq.feet decreased considerably to $213. The price for the following two months in (June, July) had a considerable increment of 3377 %. The price per sq.feet has had a considerable increase of 240 % 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 $12,118.5 to $29,052.5 during August, and September.
Based upon to the price in Lanoka Harbor (cities), this has fallen considerably in the last 6 months. The average price for April is $709,317. During May the price had a considerable reduction till $544,375. During the following two months (June, July) the average price had a considerable reduction of 80 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $562,873 to $472,254, which means a 84 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 30 % cheaper than the average price of $348,676 in Lanoka Harbor. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 30 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 74 % cheaper than the average price of ($6,140 / sq.feet) in Lanoka Harbor. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 74 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Lanoka Harbor we can see that the cheapest property type is "House" at a price of $348,676, they are 30 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 30 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $6,140 / sq.feet. "House" with an average cost of $6,140 / sq.feet has the lowest price and would be directed at less affluent cities.