The prices in real estate in Monroe Township, in the New Jersey region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Monroe Township has fallen in the last 6 months. In April, the average price per sq.feet was $239. In the following month the price per sq.feet decreased to $218. In the following two months the price per sq.feet has barely changed, going from $228.5 to $218.5 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 $223.5 to $216 during August y September
Based upon to the price in Monroe Township (cities), these have remained the same in the last 6 months. The average price for April is $525,008. During May the price had a slight fall till $495,666. In the following two months the average price has remained the same with regard to the previous two months from $510,337 to $503,721.5. 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 $507,029.25 and $503,811.5 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $517,711 they are 2 % more affordable than the average price for Monroe Township. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $525,951.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $212 / sq.feet, with an average $208 / sq.feet price in Monroe Township. The properties with the highest average prices have 3 bedrooms. They are 9 % more expensive than the average followed by properties with 1 bedroom with a price at $213 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $517,711 it is 41 % cheaper than the average price in Monroe Township. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $502,864 it is 2 % 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 $208 / sq.feet followed by "House" priced at $236 / sq.feet. "Condo" is the most costly type of property with a $252 / sq.feet cost followed by "House" with an average price of $236 / sq.feet.