Property prices for sale in Montvale (New Jersey)

The prices in real estate in Montvale, 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.

$689,178.5
Average price last 6 months
$60,447.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Montvale has increased strongly during the last 6 months. In December, the average price per sq.feet was $297. In January this price pretty much remained the same at a value of $300 per sq.feet. The price for the following two months in (February, March) had a considerable increment of 38565 %. The price per sq.feet has increased 114 % 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 $57,707 to $65,927.5 during April, and May.

Average price

Based upon to the price in Montvale (cities), this has fallen considerably in the last 6 months. The average price for December is $837,310. During January the price had a slight fall till $790,854. During the following two months (February, March) the average price had a considerable reduction of 81 % 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 $737,658.75 to $592,218, which means a 80 % fall.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 40 % cheaper than the average price of $355,409 in Montvale. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 40 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 57 % cheaper than the average price of ($134 / sq.feet) in Montvale. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 57 % cheaper than the average value aforementioned.

Price per property type

With regard to the average price based upon the property in Montvale we can see that the cheapest property type is "Apartment" at a price of $355,409, they are 40 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 40 % more affordable than the average price aforementioned.

According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $134 / sq.feet. "Apartment" with an average cost of $134 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Montvale
Number of properties used in region New Jersey
$594,450
$312
84
323,490
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value