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 March, the average price per sq.feet was $200. In the following month the price per sq.feet decreased considerably to $170. The price for the following two months in (May, June) decreased 92 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $177.5 to $169 during July y August
Based upon to the price in Linwood (cities), this has fallen considerably in the last 6 months. The average price for March is $869,686. During April the price had a considerable reduction till $569,480. During the following two months (May, June) the average price had a considerable reduction of 71 % 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 92 %, going from $616,960.25 to $570,288 in July and August.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 53 % more costly than the average price of $849,389 in Linwood. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 53 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 8 % more costly than the average price of ($183 / 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 8 % 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 $554,963 it is 1 % 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 $547,613 it is 53 % 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 $125 / sq.feet followed by "House" priced at $183 / sq.feet. "House" is the most costly type of property with a $183 / sq.feet cost followed by "Commercial" with an average price of $125 / sq.feet.