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 January, the average price per sq.feet was $200. In the following month the price per sq.feet decreased considerably to $115. The price for the following two months in (March, April) had a considerable decrease of 74 with regard to the prior two months. The price per sq.feet has had a considerable increase of 4080 % 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 $136.75 to $5,579 during May, and June.
Based upon to the price in Mount Holly (cities), this has fallen considerably in the last 6 months. The average price for January is $366,175. During February the price had a considerable reduction till $248,462. During the following two months (March, April) the average price had a considerable reduction of 74 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $266,984.25 to $235,121 in May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $277,162 they are 56 % more affordable than the average price for Mount Holly. The properties with the lowest average price have 1 bedroom, Their price is 23 % cheaper than the average. After that we have properties with 3 bedrooms priced at $212,845.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $5,824 / sq.feet, with an average $11,045 / sq.feet price in Mount Holly. The properties with the highest average prices have 1 bedroom. They are 10 % more expensive than the average followed by properties with 3 bedrooms with a price at $12,096 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $277,162 it is 56 % 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 $122,507 it is 42 % 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 $5,824 / sq.feet followed by "Condo" priced at $5,965 / sq.feet. "Condo" is the cheapest type of property with a $5,965 / sq.feet value followed by "House" with an average price of $5,824 / sq.feet.