The prices in real estate in Skillman, in the New Jersey region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Skillman has increased strongly during the last 6 months. In January, the average price per sq.feet was $241. In the following month the price per sq.feet decreased to $224. In the following two months the price per sq.feet has barely changed, going from $232.5 to $242 per sq.feet. The price per sq.feet has had a considerable increase of 19642 % 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 $237.25 to $46,599.5 during May, and June.
Based upon to the price in Skillman (cities), these have remained the same in the last 6 months. In our first sample month during January, the average price is $812,879. In February This price remains at $827,520. During the following two months (March, April) the price has had an average incrementation from $820,199.5 to $874,835. 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 $847,517.25 and $811,965.5 between May and June.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $807,341 they are 29 % more affordable than the average price for Skillman. The properties with the lowest average price have 2 bedrooms, Their price is 28 % cheaper than the average. After that we have properties with 1 bedroom priced at $576,870.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $211 / sq.feet, with an average $92,949 / sq.feet price in Skillman. The properties with the lowest average prices have 1 bedroom. They are 100 % cheaper than the average followed by properties with 2 bedrooms with a price at $211 / sq.feet.
With regard to the average price based upon the property in Skillman we can see that the cheapest property type is "House" at a price of $583,175, they are 28 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 28 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $211 / sq.feet. "House" with an average cost of $211 / sq.feet has the lowest price and would be directed at less affluent cities.