Property prices for sale in West Orange (New Jersey)
The prices in real estate in West Orange, in the New Jersey region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in West Orange has remained the same in the last 6 months. In October, the average price per sq.feet was $413. In the following month the price per sq.feet increased to $435. The price for the following two months in (December, January) decreased 91 % with regard to the prior two months. The price per sq.feet has decreased 94 % 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 $404 to $381 during February, and March.
Based upon to the price in West Orange (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $580,857. In November This price remains at $597,846. In the following two months the average price has remained the same with regard to the previous two months from $589,351.5 to $590,879. Based on an analysis of the first four prices and the last two months the average price has gone up 105 % 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 $651,283 they are 64 % more affordable than the average price for West Orange. The properties with the highest average price have 4 bedrooms, Their price is 84 % more costly than the average. After that we have properties with 3 bedrooms priced at $609,338.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $389 / sq.feet, with an average $392 / sq.feet price in West Orange. The properties with the highest average prices have 4 bedrooms. They are 27305 % more expensive than the average followed by properties with 1 bedroom with a price at $566 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $651,283 it is 54 % cheaper than the average price in West Orange. "Apartment" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $550,535 it is 15 % 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 $281 / sq.feet followed by "House" priced at $378 / sq.feet. "Commercial" is the most costly type of property with a $2,224 / sq.feet cost followed by "Condo" with an average price of $469 / sq.feet.
