The prices in real estate in Pennsville, in the New Jersey region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Pennsville has remained the same in the last 6 months. In March, the average price per sq.feet was $118. In April this price pretty much remained the same at a value of $114 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $116 to $123 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 $119.5 to $127.5 during July, and August.
Based upon to the price in Pennsville (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $178,207. In April This price remains at $172,711. In the following two months the average price has remained the same with regard to the previous two months from $175,459 to $171,159. 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 $173,309 and $165,933.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the most costly ones. At a price of $169,429 they are 3 % more expensive than the average price for Pennsville. Following this ranking we find those properties with 4 at an average price of $187,636. The properties with the highest average price have 1 bedroom, Their price is 16 % more costly than the average. After that we have properties with 2 bedrooms priced at $195,664.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $66 / sq.feet, with an average $129 / sq.feet price in Pennsville. The properties with the lowest average prices have 3 bedrooms. They are 3 % cheaper than the average followed by properties with 4 bedrooms with a price at $107 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $169,429 it is 36 % cheaper than the average price in Pennsville. "House" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Commercial". At a price of $195,426 it is 33 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $55 / sq.feet followed by "Duplex" priced at $62 / sq.feet. "House" is the cheapest type of property with a $125 / sq.feet value followed by "Townhouse" with an average price of $63 / sq.feet.