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 November, the average price per sq.feet was $2,628. In the following month the price per sq.feet increased considerably to $5,791. The price for the following two months in (January, February) had a considerable decrease of 5 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 10 % 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 $2,219.5 to $220.5 during March, and April.
Based upon to the price in Perth Amboy (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $316,567. In December This price remains at $329,451. In the following two months the average price has remained the same with regard to the previous two months from $323,009 to $316,954.5. 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 $319,981.75 and $335,720.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $342,099 they are 6 % more affordable than the average price for Perth Amboy. The properties with the highest average price have 1 bedroom, Their price is 100 % more costly than the average. After that we have properties with 4 bedrooms priced at $371,754.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $204 / sq.feet, with an average $223 / sq.feet price in Perth Amboy. The properties with the highest average prices have 4 bedrooms. They are 3348 % more expensive than the average followed by properties with 1 bedroom with a price at $4,458 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $342,099 it is 97 % more expensive than the average price in Perth Amboy. "Apartment" is seen as the second dearest property type. The dearest property type is "Apartment" followed by "House". At a price of $674,736 it is 378 % more expensive than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $4,383 / sq.feet followed by "Apartment" priced at $48,198 / sq.feet. "Apartment" is the most costly type of property with a $48,198 / sq.feet cost followed by "House" with an average price of $4,383 / sq.feet.