The prices in real estate in Tacoma, in the Washington region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Tacoma has increased strongly during the last 6 months. In March, the average price per sq.feet was $242. In the following month the price per sq.feet decreased to $220. The price for the following two months in (May, June) decreased 94 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 184 % 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 $223.75 to $412.5 during July, and August.
Based upon to the price in Tacoma (cities), these have remained the same in the last 6 months. In our first sample month during March, the average price is $350,372. In April This price remains at $341,516. During the following two months (May, June) the price has had an average incrementation from $345,944 to $375,558. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $360,751 to $309,553.5 in July and August.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $289,553 they are 5 % more affordable than the average price for Tacoma. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 2 bedrooms priced at $278,051.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $162 / sq.feet, with an average $182 / sq.feet price in Tacoma. The properties with the highest average prices have 1 bedroom. They are 82 % more expensive than the average followed by properties with 2 bedrooms with a price at $248 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $289,553 it is 12 % cheaper than the average price in Tacoma. "Duplex" is seen as the second most affordable property type. The dearest property type is "Townhouse" followed by "Condo". At a price of $328,213 it is 14 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $152 / sq.feet followed by "Townhouse" priced at $201 / sq.feet. "Condo" is the most costly type of property with a $250 / sq.feet cost followed by "Office" with an average price of $217 / sq.feet.