Property prices for sale in Matawan (New Jersey)
The prices in real estate in Matawan, 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 Matawan has increased during the last 6 months. In October, the average price per sq.feet was $299. In November this price pretty much remained the same at a value of $301 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $300 to $317.5 per sq.feet. The price per sq.feet has increased 105 % 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 $308.75 to $325 during February, and March.
Based upon to the price in Matawan (cities), this has gone up in the last 6 months. The price in October is $497,338, rising in November till $551,540. In the following two months the average price has remained the same with regard to the previous two months from $524,439 to $527,886.5. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % 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 $592,903 they are 75 % more affordable than the average price for Matawan. The properties with the highest average price have 4 bedrooms, Their price is 34 % more costly than the average. After that we have properties with 3 bedrooms priced at $581,767.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $266 / sq.feet, with an average $339 / sq.feet price in Matawan. The properties with the highest average prices have 1 bedroom. They are 14677 % more expensive than the average followed by properties with 3 bedrooms with a price at $319 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $592,903 it is 47 % cheaper than the average price in Matawan. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $613,061 it is 23 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $282 / sq.feet followed by "House" priced at $306 / sq.feet. "Farm" is the most costly type of property with a $1,885 / sq.feet cost followed by "Detached House" with an average price of $325 / sq.feet.
