Property prices for sale in Teaneck (New Jersey)
The prices in real estate in Teaneck, 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 Teaneck has increased during the last 6 months. In October, the average price per sq.feet was $458. In November this price pretty much remained the same at a value of $459 per sq.feet. In the following two months the price per sq.feet has increased 114 %, going from $458.5 to $522 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 $490.25 to $536 during February, and March.
Based upon to the price in Teaneck (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $660,844. In November This price remains at $654,176. During the following two months (December, January) the price has had an average incrementation from $657,510 to $738,420. Based on an analysis of the first four prices and the last two months the average price has risen strongly 118 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $746,490 they are 73 % more affordable than the average price for Teaneck. The properties with the lowest average price have 3 bedrooms, Their price is 16 % cheaper than the average. After that we have properties with 4 bedrooms priced at $611,005.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $423 / sq.feet, with an average $527 / sq.feet price in Teaneck. The properties with the lowest average prices have 1 bedroom. They are 0 % cheaper than the average followed by properties with 4 bedrooms with a price at $431 / sq.feet.
The graph displaying the average prices displays the property type "Office" as the most affordable one. At an cost of $746,490 it is 61 % cheaper than the average price in Teaneck. "Condo" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "House". At a price of $680,961 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $186 / sq.feet followed by "Townhouse" priced at $340 / sq.feet. "Condo" is the most costly type of property with a $2,277 / sq.feet cost followed by "House" with an average price of $477 / sq.feet.
