Property prices for sale in Short Hills (New Jersey)
The prices in real estate in Short Hills, 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 Short Hills has remained the same in the last 6 months. In March, the average price per sq.feet was $508. In April this price pretty much remained the same at a value of $517 per sq.feet. The price for the following two months in (May, June) decreased 93 % with regard to the prior two months. 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 $493.5 to $524 during July, and August.
Based upon to the price in Short Hills (cities), this has gone downing the last 6 months. The average price for March is $3,260,667. During April the price had a considerable reduction till $2,670,750. During the following two months (May, June) the average price fell 86 % 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 risen strongly 119 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $3,378,000 they are 56 % more affordable than the average price for Short Hills. The properties with the lowest average price have 1 bedroom, Their price is 43 % cheaper than the average. After that we have properties with 3 bedrooms priced at $1,517,705.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $28,658 / sq.feet, with an average $529 / sq.feet price in Short Hills. The properties with the highest average prices have 1 bedroom. They are 6396 % more expensive than the average followed by properties with 3 bedrooms with a price at $29,097 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $3,378,000 it is 56 % cheaper than the average price in Short Hills. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Duplex" followed by "Apartment". At a price of $1,866,530 it is 33 % more affordable than the average price.
According to the average cost per sq.feet, the most expensive property type would be "House" at an average cost of $28,658 / sq.feet followed by "Apartment" priced at $33,469 / sq.feet. "Duplex" is the most costly type of property with a $38,376 / sq.feet cost followed by "Apartment" with an average price of $33,469 / sq.feet.
