Property prices for sale in Mount Royal (New Jersey)

The prices in real estate in Mount Royal, in the New Jersey region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall 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 Mount Royal has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $68,070. In the following month the price per sq.feet decreased considerably to $6,117. The price for the following two months in (December, January) had a considerable decrease of 9 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 1 % 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 $20,214.5 to $160 during February, and March.

Average price

Based upon to the price in Mount Royal (cities), this has gone downing the last 6 months. The average price for October is $268,120. During November the price had a slight fall till $249,533. In the following two months the average price has remained the same with regard to the previous two months from $258,826.5 to $248,800. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $253,813.25 to $228,662.5 in February and March.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $243,800 they are 50 % more expensive than the average price for Mount Royal. Following this ranking we find those properties with 1 at an average price of $368,288. The properties with the highest average price have 1 bedroom, Their price is 51 % more costly than the average. After that we have properties with 2 bedrooms priced at $365,381.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $138 / sq.feet, with an average $159 / sq.feet price in Mount Royal. The properties with the lowest average prices have 1 bedroom. They are 12 % cheaper than the average followed by properties with 2 bedrooms with a price at $138 / sq.feet.

Price per property type

With regard to the average price based upon the property in Mount Royal we can see that most expensive property type is "House" at a price of $365,381, they are 50 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 50 % 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 $138 / sq.feet. "House" with an average cost of $138 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Mount Royal
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