Property prices for sale in Ocean Gate (New Jersey)

The prices in real estate in Ocean Gate, 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.

$515,484.5
Average price last 6 months
$323.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Ocean Gate has increased strongly during the last 6 months. In October, the average price per sq.feet was $283. In November this price pretty much remained the same at a value of $288 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $285.5 to $299.5 per sq.feet. The price per sq.feet has had a considerable increase of 132 % 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 $292.5 to $385.5 during February, and March.

Average price

Based upon to the price in Ocean Gate (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $501,244. In November This price remains at $506,464. During the following two months (December, January) the average price had a considerable increase of 119 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $552,239.5 to $441,974.5, which means a 80 % fall.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Ocean Gate
Number of properties used in region New Jersey
$461,163
$337
120
374,290
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value