The prices in real estate in Middlesex, in the New Jersey region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Middlesex has remained the same in the last 6 months. In October, the average price per sq.feet was $311. In November this price pretty much remained the same at a value of $307 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $309 to $311 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $310 to $302.5 during February y March
Based upon to the price in Middlesex (cities), this has gone up considerably in the last 6 months. The price in October is $455,702, rising in November till $510,085. During the following two months (December, January) the price has had an average incrementation from $482,893.5 to $516,673. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $637,475 they are 63 % more affordable than the average price for Middlesex. The properties with the lowest average price have 4 bedrooms, Their price is 8 % cheaper than the average. After that we have properties with 3 bedrooms priced at $480,767.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $174 / sq.feet, with an average $297 / sq.feet price in Middlesex. The properties with the lowest average prices have 1 bedroom. They are 24 % cheaper than the average followed by properties with 2 bedrooms with a price at $208 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $637,475 it is 63 % cheaper than the average price in Middlesex. "Condo" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $550,299 it is 13 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $142 / sq.feet followed by "House" priced at $176 / sq.feet. "Commercial" is the cheapest type of property with a $186 / sq.feet value followed by "Townhouse" with an average price of $179 / sq.feet.