Property prices for sale in Somerdale (New Jersey)
The prices in real estate in Somerdale, in the New Jersey region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Somerdale has increased during the last 6 months. In October, the average price per sq.feet was $182. In the following month the price per sq.feet increased to $194. In the following two months the price per sq.feet has increased 106 %, going from $188 to $200 per sq.feet. The price per sq.feet has increased 109 % 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 $194 to $212 during February, and March.
Based upon to the price in Somerdale (cities), this has gone downing the last 6 months. The average price for October is $327,716. During November the price had a slight fall till $310,655. In the following two months the average price has remained the same with regard to the previous two months from $319,185.5 to $316,197. 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 $317,691.25 and $303,005.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $293,606 they are 44 % more affordable than the average price for Somerdale. The properties with the lowest average price have 4 bedrooms, Their price is 13 % cheaper than the average. After that we have properties with 3 bedrooms priced at $229,691.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $100 / sq.feet, with an average $208 / sq.feet price in Somerdale. The properties with the lowest average prices have 3 bedrooms. They are 25 % cheaper than the average followed by properties with 2 bedrooms with a price at $131 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $293,606 it is 82 % cheaper than the average price in Somerdale. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $197,649 it is 23 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $5 / sq.feet followed by "Condo" priced at $59 / sq.feet. "Apartment" is the most costly type of property with a $4,343 / sq.feet cost followed by "House" with an average price of $128 / sq.feet.
