The prices in real estate in Piscataway, in the New Jersey region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Piscataway has increased during the last 6 months. In October, the average price per sq.feet was $315. In the following month the price per sq.feet increased to $342. In the following two months the price per sq.feet has barely changed, going from $328.5 to $334.5 per sq.feet. 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 $331.5 to $339 during February y March
Based upon to the price in Piscataway (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $497,060. In November This price remains at $485,189. In the following two months the average price has remained the same with regard to the previous two months from $491,124.5 to $480,007.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $554,904 they are 74 % more affordable than the average price for Piscataway. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 3 bedrooms priced at $461,263.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $302 / sq.feet, with an average $340 / sq.feet price in Piscataway. The properties with the highest average prices have 1 bedroom. They are 32 % more expensive than the average followed by properties with 2 bedrooms with a price at $406 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $554,904 it is 30 % cheaper than the average price in Piscataway. "Condo" is seen as the second most affordable property type. The cheapest type property is "Detached House" followed by "Commercial". At a price of $534,819 it is 2 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $307 / sq.feet followed by "Apartment" priced at $336 / sq.feet. "Condo" is the most costly type of property with a $29,169 / sq.feet cost followed by "Detached House" with an average price of $1,443 / sq.feet.