The prices in real estate in Spotswood, in the New Jersey region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Spotswood has fallen in the last 6 months. In August, the average price per sq.feet was $292. In the following month the price per sq.feet decreased to $276. The price for the following two months in (October, November) decreased 93 % with regard to the prior two months. The price per sq.feet has decreased 92 % 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 $274.75 to $252 during December, and January.
Based upon to the price in Spotswood (cities), this has gone downing the last 6 months. In our first sample month during August, the average price is $485,520. In September This price remains at $473,697. During the following two months (October, November) the average price fell 86 % with regard to the previous two months. 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 $447,196.75 and $425,590.5 between December and January.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $404,418 they are 23 % more affordable than the average price for Spotswood. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 16 % more expensive than the average aforementioned.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $242 / sq.feet, with an average $258 / sq.feet price in Spotswood. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 7 % more costly than the average value aforementioned.