The prices in real estate in Lavallette, 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 Lavallette has increased strongly during the last 6 months. In April, the average price per sq.feet was $520. In May this price pretty much remained the same at a value of $513 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 7985 %. The price per sq.feet has had a considerable increase of 204 % 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 $20,879.75 to $42,698 during August, and September.
Based upon to the price in Lavallette (cities), this has fallen considerably in the last 6 months. The average price for April is $1,243,124. During May the price had a slight fall till $1,159,065. During the following two months (June, July) the average price fell 87 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $1,121,334 to $1,013,126.5 in August and September.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 13 % cheaper than the average price of $885,470 in Lavallette. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 13 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 98 % cheaper than the average price of ($401 / sq.feet) in Lavallette. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 98 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Lavallette we can see that the cheapest property type is "House" at a price of $885,470, they are 13 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 13 % 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 $401 / sq.feet. "House" with an average cost of $401 / sq.feet has the lowest price and would be directed at less affluent cities.