The prices in real estate in Mount Royal, 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 Royal has increased strongly during the last 6 months. In April, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to . The price for the following two months in (June, July) had a considerable increment of 2147483647 %. The price per sq.feet has had a considerable increase of 146 % 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 $12,858 to $18,785 during August, and September.
Based upon to the price in Mount Royal (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is . During May the price went through a considerable rise reaching . During the following two months (June, July) the average price had a considerable increase of 2147483647 % 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 risen strongly 188 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $229,900 they are 60 % more expensive than the average price for Mount Royal. Following this ranking we find those properties with 1 at an average price of $370,509. The properties with the highest average price have 1 bedroom, Their price is 61 % more costly than the average. After that we have properties with 2 bedrooms priced at $367,584.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $144 / sq.feet, with an average $8,593 / sq.feet price in Mount Royal. The properties with the lowest average prices have 1 bedroom. They are 98 % cheaper than the average followed by properties with 2 bedrooms with a price at $144 / sq.feet.
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 $367,584, they are 60 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 60 % 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 $144 / sq.feet. "House" with an average cost of $144 / sq.feet has the lowest price and would be directed at less affluent cities.