Property prices for sale in Neptune (New Jersey)
The prices in real estate in Neptune, 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 Neptune has increased strongly during the last 6 months. In October, the average price per sq.feet was $289. In November this price pretty much remained the same at a value of $296 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 452 %. The price per sq.feet has had a considerable increase of 462 % 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 $807.25 to $3,725.5 during February, and March.
Based upon to the price in Neptune (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $502,366. In November This price remains at $485,510. In the following two months the average price has remained the same with regard to the previous two months from $493,938 to $476,806. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $485,372 and $472,377.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $463,200 they are 27 % more affordable than the average price for Neptune. The properties with the highest average price have 2 bedrooms, Their price is 2 % more costly than the average. After that we have properties with 1 bedroom priced at $354,166.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $199 / sq.feet, with an average $3,883 / sq.feet price in Neptune. The properties with the lowest average prices have 2 bedrooms. They are 9 % cheaper than the average followed by properties with 1 bedroom with a price at $249 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $463,200 it is 31 % cheaper than the average price in Neptune. "Office" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $336,861 it is 20 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $163 / sq.feet followed by "Office" priced at $172 / sq.feet. "House" is the cheapest type of property with a $199 / sq.feet value followed by "Townhouse" with an average price of $175 / sq.feet.
