Property prices for sale in Longport (New Jersey)

The prices in real estate in Longport, 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.

$3,682,989.5
Average price last 6 months
$1,016.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Longport has increased strongly during the last 6 months. In February, the average price per sq.feet was $786. In the following month the price per sq.feet increased considerably to $1,142. In the following two months the price per sq.feet has increased 108 %, going from $964 to $1,040.5 per sq.feet. 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 $1,002.25 to $1,044.5 during June y July

Average price

Based upon to the price in Longport (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $1,716,400. During March the price went through a considerable rise reaching $4,829,286. During the following two months (April, May) the average price had a considerable increase of 137 % 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 85 %, going from $3,876,529.75 to $3,295,909 in June and July.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $3,539,000 they are 83 % more affordable than the average price for Longport. The properties with the lowest average price have 3 bedrooms, Their price is 46 % cheaper than the average. After that we have properties with 4 bedrooms priced at $1,483,518.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $483 / sq.feet, with an average $969 / sq.feet price in Longport. The properties with the lowest average prices have 3 bedrooms. They are 18 % cheaper than the average followed by properties with 1 bedroom with a price at $689 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $3,539,000 it is 83 % cheaper than the average price in Longport. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $1,925,349 it is 31 % more affordable than the average price.

According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $357 / sq.feet followed by "Condo" priced at $411 / sq.feet. "House" is the cheapest type of property with a $888 / sq.feet value followed by "Commercial" with an average price of $496 / sq.feet.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Longport
Number of properties used in region New Jersey
$3,539,000
$969
88
277,244
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value