The prices in real estate in Manasquan, 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 Manasquan has increased during the last 6 months. In November, the average price per sq.feet was $562. In December this price pretty much remained the same at a value of $547 per sq.feet. In the following two months the price per sq.feet has increased 109 %, going from $554.5 to $604 per sq.feet. The price per sq.feet has increased 112 % 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 $579.25 to $646.5 during March, and April.
Based upon to the price in Manasquan (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $1,390,851. In December This price remains at $1,323,591. During the following two months (January, February) the price has had an average incrementation from $1,357,221 to $1,464,916. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,467,413 they are 73 % more affordable than the average price for Manasquan. The properties with the highest average price have 4 bedrooms, Their price is 5 % more costly than the average. After that we have properties with 3 bedrooms priced at $945,509.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $434 / sq.feet, with an average $635 / sq.feet price in Manasquan. The properties with the lowest average prices have 3 bedrooms. They are 10 % cheaper than the average followed by properties with 4 bedrooms with a price at $565 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,467,413 it is 33 % cheaper than the average price in Manasquan. "Apartment" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Detached House". At a price of $1,354,944 it is 7 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $505 / sq.feet followed by "House" priced at $533 / sq.feet. "Apartment" is the most costly type of property with a $2,393 / sq.feet cost followed by "Condo" with an average price of $720 / sq.feet.