The prices in real estate in Whippany, 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 Whippany has increased during the last 6 months. In November, the average price per sq.feet was $324. In December this price pretty much remained the same at a value of $324 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $324 to $339 per sq.feet. The price per sq.feet has had a considerable increase of 128 % 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 $331.5 to $423 during March, and April.
Based upon to the price in Whippany (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $955,329. In December This price remains at $955,329. During the following two months (January, February) the average price had a considerable reduction of 67 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 155 % during the last two months.