The prices in real estate in Tarpon Springs, 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 Tarpon Springs has increased strongly during the last 6 months. In February, the average price per sq.feet was $134. In the following month the price per sq.feet increased considerably to $188. In the following two months the price per sq.feet has increased 107 %, going from $161 to $172.5 per sq.feet. The price per sq.feet has decreased 94 % 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 $166.75 to $157.5 during June, and July.
Based upon to the price in Tarpon Springs (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $331,060. During March the price went through a considerable rise reaching $435,878. During the following two months (April, May) the price has had an average incrementation from $383,469 to $407,037.5. Based on an analysis of the first four prices and the last two months the average price has gone up 113 % 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 $425,458 they are 39 % more affordable than the average price for Tarpon Springs. The properties with the highest average price have 1 bedroom, Their price is 17 % more costly than the average. After that we have properties with 4 bedrooms priced at $432,967.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $140 / sq.feet, with an average $149 / sq.feet price in Tarpon Springs. The properties with the highest average prices have 1 bedroom. They are 328 % more expensive than the average followed by properties with 2 bedrooms with a price at $172 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $425,458 it is 27 % cheaper than the average price in Tarpon Springs. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Apartment". At a price of $371,184 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $124 / sq.feet followed by "Condo" priced at $125 / sq.feet. "House" is the most costly type of property with a $188 / sq.feet cost followed by "Apartment" with an average price of $154 / sq.feet.