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 February, the average price per sq.feet was $229. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (April, May) had a considerable increment of 225 %. The price per sq.feet has had a considerable increase of 426 % 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 $186.25 to $792.5 during June, and July.
Based upon to the price in Skillman (cities), this has fallen considerably in the last 6 months. The average price for February is $584,429. During March the price had a considerable reduction till . During the following two months (April, May) the price has had an average incrementation from $292,214.5 to $316,625. Based on an analysis of the first four prices and the last two months the average price has risen strongly 228 % 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 $692,250 they are 16 % more affordable than the average price for Skillman. The properties with the lowest average price have 2 bedrooms, Their price is 15 % cheaper than the average. After that we have properties with 1 bedroom priced at $583,260.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $222 / sq.feet, with an average $792 / sq.feet price in Skillman. The properties with the lowest average prices have 1 bedroom. They are 71 % cheaper than the average followed by properties with 2 bedrooms with a price at $222 / 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 $589,634, they are 15 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 15 % 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 $222 / sq.feet. "House" with an average cost of $222 / sq.feet has the lowest price and would be directed at less affluent cities.