Property prices for sale in Rockaway (New Jersey)
The prices in real estate in Rockaway, 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 Rockaway has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $151,099. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (September, October) had a considerable decrease of 8 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 1 % 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 $40,680.5 to $218 during November, and December.
Based upon to the price in Rockaway (cities), this has fallen considerably in the last 6 months. The average price for July is $547,967. During August the price had a considerable reduction till . During the following two months (September, October) the average price had a considerable increase of 145 % 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 137 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $452,385 they are 8 % more affordable than the average price for Rockaway. The properties with the lowest average price have 1 bedroom, Their price is 3 % cheaper than the average. After that we have properties with 2 bedrooms priced at $415,014.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $183 / sq.feet, with an average $218 / sq.feet price in Rockaway. The properties with the lowest average prices have 1 bedroom. They are 8 % cheaper than the average followed by properties with 2 bedrooms with a price at $183 / sq.feet.
With regard to the average price based upon the property in Rockaway we can see that the cheapest property type is "House" at a price of $415,014, they are 8 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 8 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $183 / sq.feet. "House" with an average cost of $183 / sq.feet has the lowest price and would be directed at less affluent cities.
