The prices in real estate in Parlin, in the New Jersey region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Parlin has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $32,628. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (March, April) had a considerable decrease of 2 with regard to the prior two months. The price per sq.feet has had a considerable increase of 180 % 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 $8,290 to $14,933 during May, and June.
Based upon to the price in Parlin (cities), this has gone downing the last 6 months. The average price for January is $426,175. During February the price had a considerable reduction till . During the following two months (March, April) the average price had a considerable increase of 231 % 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 risen strongly 127 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $454,826 they are 15 % more affordable than the average price for Parlin. The properties with the lowest average price have 1 bedroom, Their price is 13 % cheaper than the average. After that we have properties with 3 bedrooms priced at $388,932.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $6,566 / sq.feet, with an average $29,582 / sq.feet price in Parlin. The properties with the lowest average prices have 1 bedroom. They are 77 % cheaper than the average followed by properties with 3 bedrooms with a price at $6,601 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $454,826 it is 15 % cheaper than the average price in Parlin. "Condo" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Apartment". At a price of $386,989 it is 15 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $1,415 / sq.feet followed by "Apartment" priced at $6,566 / sq.feet. "Apartment" is the cheapest type of property with a $6,566 / sq.feet value followed by "Condo" with an average price of $1,415 / sq.feet.