Property prices for sale in Williamstown (New Jersey)
The prices in real estate in Williamstown, 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.
The price per sq.feet in Williamstown has had a strong decrease during the last 6 months. In January, the average price per sq.feet was $3,660. In the following month the price per sq.feet decreased considerably to $2,529. The price for the following two months in (March, April) had a considerable decrease of 24 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 9 % 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 $1,917.25 to $176.5 during May, and June.
Based upon to the price in Williamstown (cities), this has gone up considerably in the last 6 months. In our first sample month during January, the average price is $239,823. In February This price remains at $238,953. During the following two months (March, April) the average price had a considerable increase of 119 % 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 gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $297,912 they are 39 % more affordable than the average price for Williamstown. The properties with the highest average price have 4 bedrooms, Their price is 2 % more costly than the average. After that we have properties with 1 bedroom priced at $245,816.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $142 / sq.feet, with an average $178 / sq.feet price in Williamstown. The properties with the highest average prices have 3 bedrooms. They are 6633 % more expensive than the average followed by properties with 1 bedroom with a price at $8,847 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $297,912 it is 78 % cheaper than the average price in Williamstown. "Duplex" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $221,893 it is 20 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $20 / sq.feet followed by "Duplex" priced at $34 / sq.feet. "Land" is the most costly type of property with a $36,003 / sq.feet cost followed by "House" with an average price of $4,418 / sq.feet.
