The prices in real estate in Mount Holly, 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 Mount Holly has increased strongly during the last 6 months. In April, the average price per sq.feet was $112. In May this price pretty much remained the same at a value of $113 per sq.feet. The price for the following two months in (June, July) had a considerable increment of 9315 %. The price per sq.feet has had a considerable increase of 203 % 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 $5,296 to $10,775.5 during August, and September.
Based upon to the price in Mount Holly (cities), this has gone up in the last 6 months. The average price for April is $223,300. During May the price had a slight fall till $193,080. During the following two months (June, July) the average price had a considerable increase of 122 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $219,976 they are 44 % more affordable than the average price for Mount Holly. The properties with the lowest average price have 1 bedroom, Their price is 3 % cheaper than the average. After that we have properties with 3 bedrooms priced at $213,059.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $5,806 / sq.feet, with an average $9,794 / sq.feet price in Mount Holly. The properties with the highest average prices have 1 bedroom. They are 24 % more expensive than the average followed by properties with 3 bedrooms with a price at $12,109 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $219,976 it is 44 % cheaper than the average price in Mount Holly. "Condo" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "House". At a price of $122,138 it is 28 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $5,806 / sq.feet followed by "Condo" priced at $5,947 / sq.feet. "Condo" is the cheapest type of property with a $5,947 / sq.feet value followed by "House" with an average price of $5,806 / sq.feet.