Property prices for sale in Long Branch (New Jersey)
The prices in real estate in Long Branch, 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 Long Branch has increased during the last 6 months. In October, the average price per sq.feet was $2,962. In the following month the price per sq.feet increased considerably to $4,105. The price for the following two months in (December, January) had a considerable decrease of 76 with regard to the prior two months. The price per sq.feet has had a considerable increase of 117 % 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 $3,115.75 to $3,632 during February, and March.
Based upon to the price in Long Branch (cities), this has gone downing the last 6 months. The average price for October is $1,188,322. During November the price had a slight fall till $1,118,377. In the following two months the average price has remained the same with regard to the previous two months from $1,153,349.5 to $1,129,550.5. 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 $1,141,450 and $1,132,221.5 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 $1,133,469 they are 42 % more affordable than the average price for Long Branch. The properties with the highest average price have 4 bedrooms, Their price is 28 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,126,183.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $1,187 / sq.feet, with an average $4,675 / sq.feet price in Long Branch. The properties with the lowest average prices have 4 bedrooms. They are 59 % cheaper than the average followed by properties with 1 bedroom with a price at $1,432 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $1,133,469 it is 37 % cheaper than the average price in Long Branch. "Detached House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "House". At a price of $1,196,505 it is 34 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $2,563 / sq.feet followed by "Apartment" priced at $2,783 / sq.feet. "House" is the most costly type of property with a $4,776 / sq.feet cost followed by "Detached House" with an average price of $3,077 / sq.feet.
