Property prices for sale in Matawan (New Jersey)

The prices in real estate in Matawan, in the New Jersey region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$451,574.67
Average price last 6 months
$2,384.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Matawan has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $5,557. In the following month the price per sq.feet decreased to $4,934. The price for the following two months in (July, August) had a considerable decrease of 33 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 6 % 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 $3,478.5 to $196 during September, and October.

Average price

Based upon to the price in Matawan (cities), this has fallen considerably in the last 6 months. The price in May is $530,975, rising in June till $573,450. During the following two months (July, August) the average price had a considerable reduction of 76 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $486,028.75 to $382,666.5, which means a 79 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $386,828 they are 2 % more affordable than the average price for Matawan. The properties with the highest average price have 3 bedrooms, Their price is 28 % more costly than the average. After that we have properties with 1 bedroom priced at $377,850.

With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $1,138 / sq.feet, with an average $199 / sq.feet price in Matawan. The properties with the highest average prices have 3 bedrooms. They are 901 % more expensive than the average followed by properties with 1 bedroom with a price at $1,138 / sq.feet.

Price per property type

With regard to the average price based upon the property in Matawan we can see that most expensive property type is "House" at a price of $496,067, they are 28 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 28 % more expensive than the average price aforementioned.

According to the average area price by sq.feet the most costly property type is "House with an average price of $1,991 / sq.feet. "House" at an average price of $1,991 / sq.feet has the most expensive price and would be directed at more affluent cities.

Charts data
Average price October
Average price per sq.feet October
Number of properties used in Matawan
Number of properties used in region New Jersey
$386,828
$199
258
134,958
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value