Property prices for sale in Toms River (New Jersey)
The prices in real estate in Toms River, in the New Jersey region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Toms River has increased strongly during the last 6 months. In October, the average price per sq.feet was $389. In the following month the price per sq.feet increased considerably to $1,700. The price for the following two months in (December, January) decreased 88 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 164 % 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 $983.25 to $1,608 during February, and March.
Based upon to the price in Toms River (cities), this has gone up in the last 6 months. The average price during our first sample month during October, is $444,852. During November the price went through a considerable rise reaching $521,455. During the following two months (December, January) the price has had an average incrementation from $483,153.5 to $524,371.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 92 %, going from $503,762.5 to $461,088 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $443,442 they are 44 % more affordable than the average price for Toms River. The properties with the highest average price have 4 bedrooms, Their price is 65 % more costly than the average. After that we have properties with 3 bedrooms priced at $503,456.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $153 / sq.feet, with an average $1,113 / sq.feet price in Toms River. The properties with the highest average prices have 4 bedrooms. They are 398 % more expensive than the average followed by properties with 3 bedrooms with a price at $4,376 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $443,442 it is 14 % cheaper than the average price in Toms River. "Commercial" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "Land". At a price of $873,000 it is 169 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $194 / sq.feet followed by "Condo" priced at $338 / sq.feet. "Land" is the most costly type of property with a $689,667 / sq.feet cost followed by "House" with an average price of $2,089 / sq.feet.
