The prices in real estate in Tehachapi, in the California region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Tehachapi has increased during the last 6 months. In January, the average price per sq.feet was $165. In February this price pretty much remained the same at a value of $169 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $167 to $172 per sq.feet. The price per sq.feet has increased 112 % 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 $169.5 to $190 during May, and June.
Based upon to the price in Tehachapi (cities), these have remained the same in the last 6 months. In our first sample month during January, the average price is $347,256. In February This price remains at $355,353. During the following two months (March, April) the average price fell 95 % 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 115 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $418,656 they are 81 % more affordable than the average price for Tehachapi. The properties with the highest average price have 4 bedrooms, Their price is 5 % more costly than the average. After that we have properties with 3 bedrooms priced at $385,946.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $120 / sq.feet, with an average $194 / sq.feet price in Tehachapi. The properties with the highest average prices have 3 bedrooms. They are 6 % more expensive than the average followed by properties with 4 bedrooms with a price at $188 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $418,656 it is 94 % cheaper than the average price in Tehachapi. "Commercial" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of $459,128 it is 110 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $99 / sq.feet followed by "Townhouse" priced at $116 / sq.feet. "Land" is the most costly type of property with a $2,497 / sq.feet cost followed by "House" with an average price of $211 / sq.feet.