The prices in real estate in Pitman, in the New Jersey region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Pitman has fallen in the last 6 months. In March, the average price per sq.feet was $224. 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 $207.5 to $207 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 $207.25 to $211.5 during July y August
Based upon to the price in Pitman (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during March, is $297,890. During April the price went through a considerable rise reaching $393,844. During the following two months (May, June) the price has had an average incrementation from $345,867 to $383,911.5. 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 $364,889.25 and $367,002 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $361,004 they are 53 % more affordable than the average price for Pitman. The properties with the lowest average price have 1 bedroom, Their price is 52 % cheaper than the average. After that we have properties with 2 bedrooms priced at $172,147.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $4,329 / sq.feet, with an average $221 / sq.feet price in Pitman. The properties with the highest average prices have 1 bedroom. They are 1927 % more expensive than the average followed by properties with 2 bedrooms with a price at $4,454 / sq.feet.
The graph displaying the average prices displays the property type "Commercial Property" as the most affordable one. At an cost of $361,004 it is 72 % 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 $103,304 it is 53 % 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 $12 / sq.feet followed by "Duplex" priced at $17 / sq.feet. "Apartment" is the most costly type of property with a $4,329 / sq.feet cost followed by "Duplex" with an average price of $17 / sq.feet.