The prices in real estate in Linwood, 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 Linwood has had a strong decrease during the last 6 months. In February, the average price per sq.feet was $168. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (April, May) had a considerable increment of 174 %. The price per sq.feet has had a considerable increase of 128 % 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 $115.25 to $148 during June, and July.
Based upon to the price in Linwood (cities), this has fallen considerably in the last 6 months. The average price for February is $842,100. During March the price had a considerable reduction till . During the following two months (April, May) the price has had an average incrementation from $421,050 to $446,514.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 145 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 37 % more costly than the average price of $860,515 in Linwood. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 37 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 32 % more costly than the average price of ($196 / sq.feet) in Linwood. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 32 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $626,744 it is 11 % cheaper than the average price in Linwood. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $554,789 it is 37 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $138 / sq.feet followed by "House" priced at $196 / sq.feet. "House" is the most costly type of property with a $196 / sq.feet cost followed by "Commercial" with an average price of $138 / sq.feet.