Property prices for sale in Ventnor City (New Jersey)
The prices in real estate in Ventnor City, 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 Ventnor City has fallen in the last 6 months. In October, the average price per sq.feet was $375. In the following month the price per sq.feet decreased to $351. In the following two months the price per sq.feet has barely changed, going from $363 to $358 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $360.5 to $357 during February y March
Based upon to the price in Ventnor City (cities), this has fallen considerably in the last 6 months. The average price for October is $729,704. During November the price had a slight fall till $644,374. During the following two months (December, January) the average price fell 87 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $640,946 to $526,895, which means a 82 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $605,206 they are 53 % more affordable than the average price for Ventnor City. The properties with the highest average price have 4 bedrooms, Their price is 69 % more costly than the average. After that we have properties with 2 bedrooms priced at $396,560.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $219 / sq.feet, with an average $348 / sq.feet price in Ventnor City. The properties with the highest average prices have 1 bedroom. They are 35 % more expensive than the average followed by properties with 4 bedrooms with a price at $425 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $605,206 it is 96 % cheaper than the average price in Ventnor City. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $293,228 it is 61 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $11 / sq.feet followed by "Condo" priced at $384 / sq.feet. "House" is the most costly type of property with a $424 / sq.feet cost followed by "Condo" with an average price of $384 / sq.feet.
