The prices in real estate in Mantoloking, 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.
The price per sq.feet in Mantoloking has increased strongly during the last 6 months. In August, the average price per sq.feet was $445. In the following month the price per sq.feet increased to $508. The price for the following two months in (October, November) had a considerable increment of 129 %. The price per sq.feet has increased 111 % 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 $546.25 to $607.5 during December, and January.
Based upon to the price in Mantoloking (cities), this has gone up considerably in the last 6 months. The price in August is $1,670,754, rising in September till $1,763,187. During the following two months (October, November) the average price had a considerable increase of 145 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 1 % cheaper than the average price of $2,270,978 in Mantoloking. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 1 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 46 % cheaper than the average price of ($327 / sq.feet) in Mantoloking. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 46 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Mantoloking we can see that the cheapest property type is "House" at a price of $2,270,978, they are 1 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 1 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $327 / sq.feet. "House" with an average cost of $327 / sq.feet has the lowest price and would be directed at less affluent cities.