The prices in real estate in South River, 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 South River has remained the same in the last 6 months. In January, the average price per sq.feet was $226. In February this price pretty much remained the same at a value of $223 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from $224.5 to $243 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $233.75 to $238 during May y June
Based upon to the price in South River (cities), this has gone up in the last 6 months. In our first sample month during January, the average price is $336,057. In February This price remains at $346,530. During the following two months (March, April) the price has had an average incrementation from $341,293.5 to $362,203. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $379,424 they are 33 % more affordable than the average price for South River. The properties with the lowest average price have 1 bedroom, Their price is 33 % cheaper than the average. After that we have properties with 2 bedrooms priced at $253,939.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $114 / sq.feet, with an average $239 / sq.feet price in South River. The properties with the lowest average prices have 1 bedroom. They are 50 % cheaper than the average followed by properties with 2 bedrooms with a price at $114 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $379,424 it is 33 % cheaper than the average price in South River. "Apartment" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "Detached House". At a price of $340,237 it is 8 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $113 / sq.feet followed by "Apartment" priced at $114 / sq.feet. "Condo" is the most costly type of property with a $10,224 / sq.feet cost followed by "Detached House" with an average price of $4,061 / sq.feet.