Property prices for sale in Ocean Grove (New Jersey)
The prices in real estate in Ocean Grove, 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 Ocean Grove has increased during the last 6 months. In October, the average price per sq.feet was $545. In November this price pretty much remained the same at a value of $554 per sq.feet. In the following two months the price per sq.feet has increased 107 %, going from $549.5 to $586 per sq.feet. The price per sq.feet has increased 112 % 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 $567.75 to $633.5 during February, and March.
Based upon to the price in Ocean Grove (cities), these have remained the same in the last 6 months. The price in October is $1,099,474, rising in November till $1,189,412. During the following two months (December, January) the average price fell 92 % 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 107 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 67 % cheaper than the average price of $422,154 in Ocean Grove. Based on the bedrooms values, properties with the lowest prices are those with 2 bedrooms. They are 49 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 14 % cheaper than the average price of ($588 / sq.feet) in Ocean Grove. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 7 % cheaper than the average value aforementioned.
