Property prices for sale in Linden (New Jersey)
The prices in real estate in Linden, 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 Linden has increased during the last 6 months. In October, the average price per sq.feet was $298. In November this price pretty much remained the same at a value of $302 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from $300 to $322.5 per sq.feet. The price per sq.feet has increased 111 % 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 $311.25 to $346 during February, and March.
Based upon to the price in Linden (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $562,542. In November This price remains at $588,983. During the following two months (December, January) the price has had an average incrementation from $575,762.5 to $650,517. 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 $613,139.75 and $602,345.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $608,353 they are 49 % more affordable than the average price for Linden. The properties with the lowest average price have 4 bedrooms, Their price is 8 % cheaper than the average. After that we have properties with 3 bedrooms priced at $495,511.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $312 / sq.feet, with an average $369 / sq.feet price in Linden. The properties with the highest average prices have 4 bedrooms. They are 3 % more expensive than the average followed by properties with 3 bedrooms with a price at $362 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $608,353 it is 68 % cheaper than the average price in Linden. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Detached House" followed by "House". At a price of $524,527 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $131 / sq.feet followed by "Detached House" priced at $240 / sq.feet. "Apartment" is the most costly type of property with a $1,864 / sq.feet cost followed by "Townhouse" with an average price of $1,828 / sq.feet.
