Property prices for sale in West Orange (New Jersey)

The prices in real estate in West Orange, 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.

$415,909.67
Average price last 6 months
$2,717
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in West Orange has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $5,998. In the following month the price per sq.feet decreased considerably to $3,262. The price for the following two months in (August, September) had a considerable decrease of 42 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 48 % 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 $3,285 to $1,581 during October, and November.

Average price

Based upon to the price in West Orange (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during June, is $316,033. During July the price went through a considerable rise reaching $396,899. During the following two months (August, September) the price has had an average incrementation from $356,466 to $394,540. Based on an analysis of the first four prices and the last two months the average price has risen strongly 132 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $563,881 they are 44 % more affordable than the average price for West Orange. The properties with the highest average price have 1 bedroom, Their price is 26 % more costly than the average. After that we have properties with 4 bedrooms priced at $315,851.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the most costly ones at a cost of $2,380 / sq.feet, with an average $2,101 / sq.feet price in West Orange. The properties with the highest average prices have 1 bedroom. They are 457 % more expensive than the average followed by properties with 4 bedrooms with a price at $2,380 / sq.feet.

Price per property type

With regard to the average price based upon the property in West Orange we can see that the cheapest property type is "House" at a price of $315,851, they are 44 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 44 % 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 $2,380 / sq.feet. "House" at an average price of $2,380 / sq.feet has the most expensive price and would be directed at more affluent cities.

Charts data
Average price November
Average price per sq.feet November
Number of properties used in West Orange
Number of properties used in region New Jersey
$563,881
$2,101
234
161,676
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value