The prices in real estate in Stone Harbor, 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 Stone Harbor has fallen in the last 6 months. In October, the average price per sq.feet was $1,851. In the following month the price per sq.feet decreased considerably to $1,554. In the following two months the price per sq.feet has barely changed, going from $1,702.5 to $1,628 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 $1,665.25 to $1,815.5 during February, and March.
Based upon to the price in Stone Harbor (cities), this has fallen considerably in the last 6 months. The average price for October is $5,160,476. During November the price had a considerable reduction till $3,108,071. During the following two months (December, January) the average price had a considerable reduction of 83 % 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 risen strongly 117 % during the last two months.