The prices in real estate in Pine Brook, 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 Pine Brook has increased strongly during the last 6 months. In July, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $185. The price for the following two months in (September, October) had a considerable increment of 8956 %. 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 $4,188.5 to $184 during November, and December.
Based upon to the price in Pine Brook (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during July, is . During August the price went through a considerable rise reaching $705,714. During the following two months (September, October) the average price had a considerable increase of 154 % 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 157 % 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 0 % cheaper than the average price of $702,190 in Pine Brook. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 0 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 2 % cheaper than the average price of ($180 / sq.feet) in Pine Brook. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 2 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Pine Brook we can see that the cheapest property type is "Apartment" at a price of $702,190, they are 0 % more affordable than the average price of (!PRECIO2!). "Apartment" has the lowest price. This price is 0 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Apartment with an average price of $180 / sq.feet. "Apartment" with an average cost of $180 / sq.feet has the lowest price and would be directed at less affluent cities.