Property prices for sale in Watchung (New Jersey)

The price per sq.feet in Watchung has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $48,230. In the following month the price per sq.feet increased considerably to $61,229. The price for the following two months in (December, January) had a considerable decrease of 1 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 62 % 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 $27,520.25 to $17,031 during February, and March.

Based upon to the price in Watchung (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $1,136,835. In November This price remains at $1,106,675. During the following two months (December, January) the price has had an average incrementation from $1,121,755 to $1,254,306.5. 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 $1,188,030.75 and $1,186,297 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 $1,160,814 they are 24 % more affordable than the average price for Watchung. The properties with the lowest average price have 3 bedrooms, Their price is 9 % cheaper than the average. After that we have properties with 1 bedroom priced at $886,244.

With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $49,658 / sq.feet, with an average $382 / sq.feet price in Watchung. The properties with the highest average prices have 3 bedrooms. They are 61366 % more expensive than the average followed by properties with 1 bedroom with a price at $49,658 / sq.feet.

With regard to the average price based upon the property in Watchung we can see that the cheapest property type is "House" at a price of $1,055,776, they are 9 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 9 % more affordable than the average price aforementioned.

According to the average area price by sq.feet the most costly property type is "House with an average price of $234,799 / sq.feet. "House" at an average price of $234,799 / sq.feet has the most expensive price and would be directed at more affluent cities.