The prices in real estate in Rumson, 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 Rumson has increased during the last 6 months. In December, the average price per sq.feet was $515. In January this price pretty much remained the same at a value of $524 per sq.feet. In the following two months the price per sq.feet has increased 113 %, going from $519.5 to $586.5 per sq.feet. The price per sq.feet has increased 114 % 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 $553 to $632 during April, and May.
Based upon to the price in Rumson (cities), this has gone up considerably in the last 6 months. In our first sample month during December, the average price is $2,312,300. In January This price remains at $2,418,812. During the following two months (February, March) the price has had an average incrementation from $2,365,556 to $2,709,986. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 74 % cheaper than the average price of $739,959 in Rumson. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 74 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 53 % cheaper than the average price of ($296 / sq.feet) in Rumson. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 53 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $2,799,271 it is 74 % cheaper than the average price in Rumson. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Townhouse" followed by "House". At a price of $739,959 it is 66 % 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 $296 / sq.feet followed by "Townhouse" priced at $297 / sq.feet. "Townhouse" is the cheapest type of property with a $297 / sq.feet value followed by "House" with an average price of $296 / sq.feet.