The prices in real estate in Perth Amboy, 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 Perth Amboy has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $10,260. In the following month the price per sq.feet decreased considerably to $8,692. The price for the following two months in (March, April) had a considerable decrease of 29 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 4 % 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 $6,103.75 to $254.5 during May, and June.
Based upon to the price in Perth Amboy (cities), this has gone up in the last 6 months. In our first sample month during January, the average price is $356,957. In February This price remains at $372,889. During the following two months (March, April) the price has had an average incrementation from $364,923 to $394,158.5. 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 $379,540.75 and $380,446 between May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $368,787 they are 12 % more affordable than the average price for Perth Amboy. The properties with the highest average price have 1 bedroom, Their price is 85 % more costly than the average. After that we have properties with 4 bedrooms priced at $413,086.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $253 / sq.feet, with an average $253 / sq.feet price in Perth Amboy. The properties with the highest average prices have 1 bedroom. They are 1654 % more expensive than the average followed by properties with 3 bedrooms with a price at $266 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $368,787 it is 19 % cheaper than the average price in Perth Amboy. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Townhouse". At a price of $665,342 it is 337 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $252 / sq.feet followed by "House" priced at $258 / sq.feet. "Apartment" is the most costly type of property with a $47,521 / sq.feet cost followed by "Condo" with an average price of $7,672 / sq.feet.