The prices in real estate in Pine Brook, 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 Pine Brook has had a strong decrease during the last 6 months. In December, the average price per sq.feet was $297. In the following month the price per sq.feet decreased to $282. The price for the following two months in (February, March) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $144.75 to $138.5 during April y May
Based upon to the price in Pine Brook (cities), this has fallen considerably in the last 6 months. The price in December is $630,933, rising in January till $696,950. During the following two months (February, March) the average price had a considerable reduction of 0 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $331,970.75 to $298,983.5 in April and May.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 16 % more costly than the average price of $695,891 in Pine Brook. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 16 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 38 % cheaper than the average price of ($171 / 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 38 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Pine Brook we can see that most expensive property type is "Apartment" at a price of $695,891, they are 16 % more costly than the average price of (!PRECIO2!). "Apartment" has the highest price. This price is 16 % more expensive 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 $171 / sq.feet. "Apartment" with an average cost of $171 / sq.feet has the lowest price and would be directed at less affluent cities.