The prices in real estate in Voorhees, 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 Voorhees has increased strongly during the last 6 months. In October, the average price per sq.feet was $199. In November this price pretty much remained the same at a value of $198 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $198.5 to $210.5 per sq.feet. The price per sq.feet has had a considerable increase of 1543 % 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 $204.5 to $3,155.5 during February, and March.
Based upon to the price in Voorhees (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $483,266. In November This price remains at $461,519. In the following two months the average price has remained the same with regard to the previous two months from $472,392.5 to $463,350.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $467,871.5 and $471,580.5 between 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 $471,212 they are 66 % more affordable than the average price for Voorhees. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 3 bedrooms priced at $392,307.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $189 / sq.feet, with an average $218 / sq.feet price in Voorhees. The properties with the lowest average prices have 1 bedroom. They are 4 % cheaper than the average followed by properties with 4 bedrooms with a price at $207 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $471,212 it is 43 % cheaper than the average price in Voorhees. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $579,856 it is 154 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $197 / sq.feet followed by "House" priced at $215 / sq.feet. "Land" is the most costly type of property with a $298,986 / sq.feet cost followed by "Commercial Property" with an average price of $1,019 / sq.feet.