Property prices for sale in Rockaway (New Jersey)
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 March, the average price per sq.feet was $289. In April this price pretty much remained the same at a value of $278 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $283.5 to $284.5 per sq.feet. The price per sq.feet has increased 111 % 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 $284 to $316.5 during July, and August.
Based upon to the price in Rockaway (cities), these have remained the same in the last 6 months. The price in March is $513,906, rising in April till $554,773. During the following two months (May, June) the average price fell 93 % 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 $514,627.75 and $512,330.5 between July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $537,857 they are 24 % more affordable than the average price for Rockaway. The properties with the lowest average price have 2 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 3 bedrooms priced at $515,599.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $258 / sq.feet, with an average $340 / sq.feet price in Rockaway. The properties with the highest average prices have 1 bedroom. They are 26 % more expensive than the average followed by properties with 3 bedrooms with a price at $310 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $537,857 it is 31 % cheaper than the average price in Rockaway. "Condo" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $489,227 it is 6 % 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 $151 / sq.feet followed by "House" priced at $239 / sq.feet. "Townhouse" is the cheapest type of property with a $328 / sq.feet value followed by "Condo" with an average price of $319 / sq.feet.
