The prices in real estate in Oceanport, 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 Oceanport has increased strongly during the last 6 months. In February, the average price per sq.feet was $293. In the following month the price per sq.feet decreased to $276. In the following two months the price per sq.feet has barely changed, going from $284.5 to $284 per sq.feet. The price per sq.feet has had a considerable increase of 63603 % 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 $284.25 to $180,792 during June, and July.
Based upon to the price in Oceanport (cities), this has gone up in the last 6 months. In our first sample month during February, the average price is $816,494. In March This price remains at $819,449. During the following two months (April, May) the price has had an average incrementation from $817,971.5 to $882,657. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % 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 32 % cheaper than the average price of $608,381 in Oceanport. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 32 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 80 % cheaper than the average price of ($225 / sq.feet) in Oceanport. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 80 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Oceanport we can see that the cheapest property type is "House" at a price of $608,381, they are 32 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 32 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $225 / sq.feet. "House" with an average cost of $225 / sq.feet has the lowest price and would be directed at less affluent cities.