Property prices for sale in Mountain Lakes (New Jersey)
The prices in real estate in Mountain Lakes, in the New Jersey region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Mountain Lakes has remained the same in the last 6 months. In October, the average price per sq.feet was $822,574. In the following month the price per sq.feet decreased considerably to $550. The price for the following two months in (December, January) had a considerable increment of 135 %. The price per sq.feet has had a considerable increase of 307 % 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 $483,498 to $1,483,014.5 during February, and March.
Based upon to the price in Mountain Lakes (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $1,357,250. During November the price went through a considerable rise reaching $2,032,250. During the following two months (December, January) the average price had a considerable increase of 135 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $1,989,041.75 to $1,632,000, which means a 82 % fall.
