The prices in real estate in Oaklyn, in the New Jersey region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Oaklyn has increased during the last 6 months. In January, the average price per sq.feet was $139. In February this price pretty much remained the same at a value of $136 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $137.5 to $147 per sq.feet. The price per sq.feet has increased 107 % 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 $142.25 to $151.5 during May, and June.
Based upon to the price in Oaklyn (cities), these have remained the same in the last 6 months. In our first sample month during January, the average price is $219,650. In February This price remains at $213,759. During the following two months (March, April) the price has had an average incrementation from $216,704.5 to $228,952. 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 $222,828.25 and $230,745.5 between May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $229,913 they are 32 % more affordable than the average price for Oaklyn. The properties with the lowest average price have 1 bedroom, Their price is 31 % cheaper than the average. After that we have properties with 2 bedrooms priced at $157,345.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $50 / sq.feet, with an average $153 / sq.feet price in Oaklyn. The properties with the highest average prices have 1 bedroom. They are 6383 % more expensive than the average followed by properties with 2 bedrooms with a price at $9,819 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $229,913 it is 47 % cheaper than the average price in Oaklyn. "Office" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $156,086 it is 32 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $50 / sq.feet followed by "Office" priced at $9,659 / sq.feet. "House" is the most costly type of property with a $9,759 / sq.feet cost followed by "Townhouse" with an average price of $9,739 / sq.feet.