Property prices for sale in Stanhope (New Jersey)

The prices in real estate in Stanhope, in the New Jersey region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$384,172.17
Average price last 6 months
$14,218.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Stanhope has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $84,316. In the following month the price per sq.feet decreased considerably to $219. The price for the following two months in (December, January) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 1 % 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 $21,230.75 to $195 during February, and March.

Average price

Based upon to the price in Stanhope (cities), this has gone up in the last 6 months. The price in October is $345,989, rising in November till $396,475. During the following two months (December, January) the price has had an average incrementation from $371,232 to $416,683.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $393,957.75 to $364,601 in February and March.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 25 % cheaper than the average price of $269,090 in Stanhope. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 25 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 9 % cheaper than the average price of ($212 / sq.feet) in Stanhope. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 9 % cheaper than the average value aforementioned.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Stanhope
Number of properties used in region New Jersey
$356,557
$232
114
374,290
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value