Property prices for sale in Mendham (New Jersey)

The prices in real estate in Mendham, 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.

$968,363.17
Average price last 6 months
$133,983
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Mendham has increased strongly during the last 6 months. In April, the average price per sq.feet was $43,861. In the following month the price per sq.feet decreased considerably to $2,776. The price for the following two months in (June, July) had a considerable increment of 774 %. The price per sq.feet has had a considerable increase of 194 % 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 $101,925 to $198,099 during August, and September.

Average price

Based upon to the price in Mendham (cities), this has gone up in the last 6 months. In our first sample month during April, the average price is $896,758. In May This price remains at $893,788. During the following two months (June, July) the price has had an average incrementation from $895,273 to $1,012,650.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $953,961.75 and $997,166 between August and September.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 25 % more costly than the average price of $1,167,877 in Mendham. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 25 % more expensive than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 76 % cheaper than the average price of ($50,593 / sq.feet) in Mendham. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 76 % cheaper than the average value aforementioned.

Price per property type

With regard to the average price based upon the property in Mendham we can see that most expensive property type is "House" at a price of $1,167,877, they are 25 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 25 % more expensive 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 $50,593 / sq.feet. "House" with an average cost of $50,593 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Mendham
Number of properties used in region New Jersey
$936,927
$207,833
758
164,044
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value