The prices in real estate in Rockaway, 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 Rockaway has remained the same in the last 6 months. In December, the average price per sq.feet was $218. In January this price pretty much remained the same at a value of $215 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $216.5 to $223.5 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 $220 to $210 during April y May
Based upon to the price in Rockaway (cities), this has gone up in the last 6 months. In our first sample month during December, the average price is $452,385. In January This price remains at $431,858. During the following two months (February, March) the average price had a considerable increase of 115 % with regard to the previous two months. 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 $475,548.75 and $481,691 between April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $489,075 they are 59 % more affordable than the average price for Rockaway. 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 $375,350.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $190 / sq.feet, with an average $211 / sq.feet price in Rockaway. The properties with the highest average prices have 1 bedroom. They are 16 % more expensive than the average followed by properties with 3 bedrooms with a price at $230 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $489,075 it is 16 % cheaper than the average price in Rockaway. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $412,940 it is 36 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $178 / sq.feet followed by "House" priced at $70,770 / sq.feet. "House" is the most costly type of property with a $70,770 / sq.feet cost followed by "Commercial" with an average price of $178 / sq.feet.