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 November, the average price per sq.feet was $2,976. In the following month the price per sq.feet decreased considerably to $380. The price for the following two months in (January, February) had a considerable increment of 531 %. The price per sq.feet has had a considerable increase of 3661 % 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 $5,294.75 to $193,827.5 during March, and April.
Based upon to the price in Skillman (cities), this has gone up in the last 6 months. In our first sample month during November, the average price is $1,073,630. In December This price remains at $1,083,090. During the following two months (January, February) the average price had a considerable increase of 115 % 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 112 % 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 $1,280,735 they are 57 % more affordable than the average price for Skillman. The properties with the lowest average price have 2 bedrooms, Their price is 57 % cheaper than the average. After that we have properties with 1 bedroom priced at $550,900.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $165 / sq.feet, with an average $142,144 / 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 $165 / 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 $556,920, they are 57 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 57 % 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 $165 / sq.feet. "House" with an average cost of $165 / sq.feet has the lowest price and would be directed at less affluent cities.