The prices in real estate in Roselle Park, in the New Jersey region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Roselle Park has increased during the last 6 months. In October, the average price per sq.feet was $321. In the following month the price per sq.feet increased to $355. In the following two months the price per sq.feet has barely changed, going from $338 to $323 per sq.feet. The price per sq.feet has increased 107 % 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 $330.5 to $352.5 during February, and March.
Based upon to the price in Roselle Park (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $496,626. In November This price remains at $502,993. In the following two months the average price has remained the same with regard to the previous two months from $499,809.5 to $514,162.5. 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 $506,986 and $515,632.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $577,577 they are 70 % more affordable than the average price for Roselle Park. The properties with the lowest average price have 3 bedrooms, Their price is 57 % cheaper than the average. After that we have properties with 2 bedrooms priced at $206,777.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $61 / sq.feet, with an average $292 / sq.feet price in Roselle Park. The properties with the highest average prices have 3 bedrooms. They are 8137 % more expensive than the average followed by properties with 1 bedroom with a price at $244 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $577,577 it is 65 % cheaper than the average price in Roselle Park. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "House". At a price of $200,045 it is 54 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $61 / sq.feet followed by "Apartment" priced at $18,783 / sq.feet. "Apartment" is the most costly type of property with a $18,783 / sq.feet cost followed by "House" with an average price of $61 / sq.feet.