Property prices for sale in Rutherford (New Jersey)
The prices in real estate in Rutherford, 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 Rutherford has remained the same in the last 6 months. In October, the average price per sq.feet was $366. In November this price pretty much remained the same at a value of $369 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $367.5 to $352 per sq.feet. The price per sq.feet has decreased 95 % 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 $359.75 to $340 during February, and March.
Based upon to the price in Rutherford (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $649,387. In November This price remains at $637,233. During the following two months (December, January) the average price fell 88 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $672,290 they are 68 % more affordable than the average price for Rutherford. The properties with the lowest average price have 4 bedrooms, Their price is 20 % cheaper than the average. After that we have properties with 3 bedrooms priced at $538,426.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $280 / sq.feet, with an average $335 / sq.feet price in Rutherford. The properties with the highest average prices have 4 bedrooms. They are 9205 % more expensive than the average followed by properties with 1 bedroom with a price at $303 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $672,290 it is 33 % cheaper than the average price in Rutherford. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $452,453 it is 10 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $149 / sq.feet followed by "House" priced at $62,105 / sq.feet. "House" is the most costly type of property with a $62,105 / sq.feet cost followed by "Condo" with an average price of $149 / sq.feet.
