The prices in real estate in Tehachapi, in the California 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 Tehachapi has increased strongly during the last 6 months. In February, the average price per sq.feet was $649. In March this price pretty much remained the same at a value of $630 per sq.feet. The price for the following two months in (April, May) had a considerable increment of 139 %. The price per sq.feet has had a considerable increase of 132 % 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 $763.75 to $1,009.5 during June, and July.
Based upon to the price in Tehachapi (cities), this has gone downing the last 6 months. The average price for February is $200,015. During March the price had a considerable reduction till $162,002. During the following two months (April, May) the price has had an average incrementation from $181,008.5 to $204,155.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $192,582 and $189,169 between June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $208,943 they are 9 % more affordable than the average price for Tehachapi. The properties with the highest average price have 4 bedrooms, Their price is 101 % more costly than the average. After that we have properties with 3 bedrooms priced at $327,340.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $168 / sq.feet, with an average $956 / sq.feet price in Tehachapi. The properties with the highest average prices have 4 bedrooms. They are 181 % more expensive than the average followed by properties with 3 bedrooms with a price at $2,402 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $208,943 it is 79 % cheaper than the average price in Tehachapi. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $295,710 it is 64 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $127 / sq.feet followed by "Farm" priced at $132 / sq.feet. "House" is the most costly type of property with a $2,900 / sq.feet cost followed by "Land" with an average price of $205 / sq.feet.