Property prices for sale in Newfield (New Jersey)
The prices in real estate in Newfield, 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 Newfield has increased strongly during the last 6 months. In November, the average price per sq.feet was $219. In December this price pretty much remained the same at a value of $211 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 919 %. The price per sq.feet has had a considerable deflation of 59 % 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 $1,095.75 to $646 during March, and April.
Based upon to the price in Newfield (cities), this has gone downing the last 6 months. In our first sample month during November, the average price is $371,268. In December This price remains at $353,522. During the following two months (January, February) the average price fell 87 % 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 gone up 106 % during the last two months.
