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 minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in West Long Branch has increased during the last 6 months. In October, the average price per sq.feet was $511. In November this price pretty much remained the same at a value of $504 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from $507.5 to $550.5 per sq.feet. The price per sq.feet has had a considerable increase of 118 % 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 $529 to $625 during February, and March.
Based upon to the price in West Long Branch (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $1,141,057. In November This price remains at $1,085,009. In the following two months the average price has remained the same with regard to the previous two months from $1,113,033 to $1,120,383.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 122 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,339,091 they are 71 % more affordable than the average price for West Long Branch. The properties with the lowest average price have 3 bedrooms, Their price is 34 % cheaper than the average. After that we have properties with 4 bedrooms priced at $870,182.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $185 / sq.feet, with an average $630 / sq.feet price in West Long Branch. The properties with the lowest average prices have 1 bedroom. They are 6 % cheaper than the average followed by properties with 3 bedrooms with a price at $200 / sq.feet.
The graph displaying the average prices displays the property type "Multi Family House" as the most affordable one. At an cost of $1,339,091 it is 51 % cheaper than the average price in West Long Branch. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Apartment". At a price of $865,837 it is 35 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $172 / sq.feet followed by "Condo" priced at $175 / sq.feet. "Multi Family House" is the most costly type of property with a $91,127 / sq.feet cost followed by "House" with an average price of $185 / sq.feet.
