The prices in real estate in Mine Hill, 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 Mine Hill has increased strongly during the last 6 months. In February, the average price per sq.feet was $5,229. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (April, May) had a considerable decrease of 17 with regard to the prior two months. The price per sq.feet has had a considerable increase of 10541 % 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 $1,532 to $161,491.5 during June, and July.
Based upon to the price in Mine Hill (cities), this has fallen considerably in the last 6 months. The average price for February is $591,225. During March the price had a considerable reduction till . During the following two months (April, May) the price has had an average incrementation from $295,612.5 to $316,633.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 116 % 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 20 % cheaper than the average price of $330,485 in Mine Hill. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 20 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 98 % cheaper than the average price of ($7,426 / sq.feet) in Mine Hill. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 98 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $413,233 it is 24 % cheaper than the average price in Mine Hill. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $315,649 it is 20 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $6,350 / sq.feet followed by "House" priced at $7,426 / sq.feet. "House" is the cheapest type of property with a $7,426 / sq.feet value followed by "Commercial" with an average price of $6,350 / sq.feet.