The prices in real estate in Nutley, in the New Jersey region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Nutley has fallen in the last 6 months. In December, the average price per sq.feet was $281. In January this price pretty much remained the same at a value of $278 per sq.feet. The price for the following two months in (February, March) decreased 92 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $269 to $257.5 during April y May
Based upon to the price in Nutley (cities), these have remained the same in the last 6 months. In our first sample month during December, the average price is $495,647. In January This price remains at $486,790. During the following two months (February, March) the average price fell 90 % 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 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $529,474 they are 72 % more affordable than the average price for Nutley. The properties with the highest average price have 4 bedrooms, Their price is 23 % more costly than the average. After that we have properties with 3 bedrooms priced at $508,100.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $250 / sq.feet, with an average $264 / sq.feet price in Nutley. The properties with the highest average prices have 1 bedroom. They are 18888 % more expensive than the average followed by properties with 3 bedrooms with a price at $298 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $529,474 it is 58 % cheaper than the average price in Nutley. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $560,426 it is 13 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $265 / sq.feet followed by "Townhouse" priced at $3,123 / sq.feet. "Condo" is the most costly type of property with a $50,420 / sq.feet cost followed by "Townhouse" with an average price of $3,123 / sq.feet.