Property prices for sale in West Long Branch (New Jersey)

The prices in real estate in West Long Branch, in the New Jersey region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$738,526.5
Average price last 6 months
$1,096.83
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in West Long Branch has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $5,095. In the following month the price per sq.feet decreased considerably to $356. The price for the following two months in (January, February) had a considerable decrease of 11 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 18 % 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 $1,506.75 to $277 during March, and April.

Average price

Based upon to the price in West Long Branch (cities), these have remained the same in the last 6 months. The price in November is $752,848, rising in December till $809,725. During the following two months (January, February) the average price fell 87 % with regard to the previous two months. 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 $729,770.25 and $756,039 between March and April.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $730,562 they are 45 % more affordable than the average price for West Long Branch. The properties with the highest average price have 3 bedrooms, Their price is 24 % more costly than the average. After that we have properties with 4 bedrooms priced at $892,235.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $209 / sq.feet, with an average $284 / sq.feet price in West Long Branch. The properties with the highest average prices have 1 bedroom. They are 117 % more expensive than the average followed by properties with 3 bedrooms with a price at $225 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Multi Family House" as the most affordable one. At an cost of $730,562 it is 7 % cheaper than the average price in West Long Branch. "Condo" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Townhouse". At a price of $889,559 it is 22 % 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 $207 / sq.feet followed by "Apartment" priced at $210 / sq.feet. "Multi Family House" is the most costly type of property with a $94,393 / sq.feet cost followed by "Apartment" with an average price of $210 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in West Long Branch
Number of properties used in region New Jersey
$730,562
$284
310
323,062
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value