The prices in real estate in Runnemede, 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 Runnemede has increased during the last 6 months. In November, the average price per sq.feet was $164. In December this price pretty much remained the same at a value of $167 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $165.5 to $170 per sq.feet. The price per sq.feet has increased 106 % 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 $167.75 to $177.5 during March, and April.
Based upon to the price in Runnemede (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $218,412. In December This price remains at $219,530. During the following two months (January, February) the price has had an average incrementation from $218,971 to $230,568.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 115 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $248,932 they are 58 % more affordable than the average price for Runnemede. The properties with the lowest average price have 1 bedroom, Their price is 57 % cheaper than the average. After that we have properties with 2 bedrooms priced at $105,271.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $8,195 / sq.feet, with an average $176 / sq.feet price in Runnemede. The properties with the highest average prices have 1 bedroom. They are 4664 % more expensive than the average followed by properties with 2 bedrooms with a price at $8,249 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $248,932 it is 71 % cheaper than the average price in Runnemede. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Commercial". At a price of $71,822 it is 58 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "Commercial" at an average cost of $5,511 / sq.feet followed by "Apartment" priced at $8,195 / sq.feet. "Apartment" is the most costly type of property with a $8,195 / sq.feet cost followed by "Commercial" with an average price of $5,511 / sq.feet.