The prices in real estate in Mullica Hill, 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 Mullica Hill has increased strongly during the last 6 months. In October, the average price per sq.feet was $232. In November this price pretty much remained the same at a value of $225 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 168 %. The price per sq.feet has had a considerable increase of 148 % 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 $306.25 to $454 during February, and March.
Based upon to the price in Mullica Hill (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $632,213. In November This price remains at $636,415. During the following two months (December, January) the price has had an average incrementation from $634,314 to $689,878.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.