The prices in real estate in North Brunswick, 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 North Brunswick has increased strongly during the last 6 months. In October, the average price per sq.feet was $195. In November this price pretty much remained the same at a value of $204 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 354 %. The price per sq.feet has had a considerable increase of 184 % 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 $452.75 to $834.5 during February, and March.
Based upon to the price in North Brunswick (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $477,813. In November This price remains at $476,412. During the following two months (December, January) the average price fell 92 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 95 %, going from $457,378 to $434,096 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $417,527 they are 19 % more expensive than the average price for North Brunswick. Following this ranking we find those properties with 3 at an average price of $547,990. The properties with the highest average price have 1 bedroom, Their price is 31 % more costly than the average. After that we have properties with 3 bedrooms priced at $547,990.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $200 / sq.feet, with an average $497 / sq.feet price in North Brunswick. The properties with the highest average prices have 3 bedrooms. They are 775 % more expensive than the average followed by properties with 1 bedroom with a price at $216 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most costly one. At an cost of $417,527 it is 7 % more expensive than the average price in North Brunswick. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Commercial". At a price of $447,738 it is 31 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $182 / sq.feet followed by "House" priced at $4,350 / sq.feet. "House" is the most costly type of property with a $4,350 / sq.feet cost followed by "Commercial" with an average price of $182 / sq.feet.