The prices in real estate in Pitman, in the New Jersey region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Pitman has remained the same in the last 6 months. In November, the average price per sq.feet was $205. In the following month the price per sq.feet decreased to $191. In the following two months the price per sq.feet has barely changed, going from $198 to $193.5 per sq.feet. The price per sq.feet has increased 106 % 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 $195.75 to $207.5 during March, and April.
Based upon to the price in Pitman (cities), these have remained the same in the last 6 months. The average price for November is $323,629. During December the price had a slight fall till $290,911. In the following two months the average price has remained the same with regard to the previous two months from $307,270 to $304,745. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $393,844 they are 57 % more affordable than the average price for Pitman. The properties with the lowest average price have 1 bedroom, Their price is 56 % cheaper than the average. After that we have properties with 2 bedrooms priced at $172,839.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $4,349 / sq.feet, with an average $191 / sq.feet price in Pitman. The properties with the highest average prices have 1 bedroom. They are 2255 % more expensive than the average followed by properties with 2 bedrooms with a price at $4,474 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $393,844 it is 74 % cheaper than the average price in Pitman. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Duplex". At a price of $103,720 it is 57 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $16 / sq.feet followed by "Duplex" priced at $21 / sq.feet. "Apartment" is the most costly type of property with a $4,349 / sq.feet cost followed by "Duplex" with an average price of $21 / sq.feet.