The prices in real estate in Tampa, in the Florida 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 Tampa has increased strongly during the last 6 months. In January, the average price per sq.feet was $157. In February this price pretty much remained the same at a value of $153 per sq.feet. The price for the following two months in (March, April) had a considerable increment of 129 %. The price per sq.feet has had a considerable increase of 159 % 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 $177.75 to $282.5 during May, and June.
Based upon to the price in Tampa (cities), this has gone up considerably in the last 6 months. The price in January is $291,726, rising in February till $315,431. During the following two months (March, April) the average price had a considerable increase of 168 % 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 178 % 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 $708,639 they are 62 % more affordable than the average price for Tampa. The properties with the highest average price have 1 bedroom, Their price is 283 % more costly than the average. After that we have properties with 4 bedrooms priced at $395,786.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $152 / sq.feet, with an average $283 / sq.feet price in Tampa. The properties with the highest average prices have 1 bedroom. They are 133541 % more expensive than the average followed by properties with 3 bedrooms with a price at $158 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $708,639 it is 76 % cheaper than the average price in Tampa. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $911,101 it is 319 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $134 / sq.feet followed by "Townhouse" priced at $207 / sq.feet. "Land" is the most costly type of property with a $2,947,050 / sq.feet cost followed by "Commercial" with an average price of $5,240 / sq.feet.