Property prices for sale in Morganville (New Jersey)

The prices in real estate in Morganville, 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.

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Morganville has increased strongly during the last 6 months. In February, the average price per sq.feet was $1,248. In the following month the price per sq.feet decreased considerably to $228. The price for the following two months in (April, May) had a considerable decrease of 33 with regard to the prior two months. The price per sq.feet has had a considerable increase of 37775 % 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 $490 to $185,099 during June, and July.

Average price

Based upon to the price in Morganville (cities), these have remained the same in the last 6 months. The average price during our first sample month during February, is $967,742. During March the price went through a considerable rise reaching $1,264,444. In the following two months the average price has remained the same with regard to the previous two months from $1,116,093 to $1,163,271. During the last two months the average price has had a strong fall compared to the previous four going from $1,139,682 to $687,680, which means a 60 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the most costly ones. At a price of $715,881 they are 26 % more expensive than the average price for Morganville. Following this ranking we find those properties with 3 at an average price of $903,067. The properties with the highest average price have 1 bedroom, Their price is 27 % more costly than the average. After that we have properties with 3 bedrooms priced at $903,067.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $3,299 / sq.feet, with an average $46,523 / sq.feet price in Morganville. The properties with the lowest average prices have 1 bedroom. They are 93 % cheaper than the average followed by properties with 3 bedrooms with a price at $3,319 / sq.feet.

Price per property type

With regard to the average price based upon the property in Morganville we can see that most expensive property type is "House" at a price of $898,557, they are 26 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 26 % 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 $3,299 / sq.feet. "House" with an average cost of $3,299 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price July
Average price per sq.feet July
Number of properties used in Morganville
Number of properties used in region New Jersey
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value