The prices in real estate in Temple Terrace, in the Florida 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 Temple Terrace has increased during the last 6 months. In November, the average price per sq.feet was $160. In December this price pretty much remained the same at a value of $163 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $161.5 to $169 per sq.feet. The price per sq.feet has had a considerable increase of 124 % 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 $165.25 to $205.5 during March, and April.
Based upon to the price in Temple Terrace (cities), this has gone up considerably in the last 6 months. The price in November is $286,411, rising in December till $307,932. In the following two months the average price has remained the same with regard to the previous two months from $297,171.5 to $308,560. Based on an analysis of the first four prices and the last two months the average price has risen strongly 134 % 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 $419,369 they are 76 % more affordable than the average price for Temple Terrace. The properties with the lowest average price have 4 bedrooms, Their price is 8 % cheaper than the average. After that we have properties with 3 bedrooms priced at $226,205.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $106 / sq.feet, with an average $207 / sq.feet price in Temple Terrace. The properties with the lowest average prices have 4 bedrooms. They are 21 % cheaper than the average followed by properties with 3 bedrooms with a price at $143 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $419,369 it is 70 % cheaper than the average price in Temple Terrace. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Commercial Property". At a price of $203,675 it is 19 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial Property" at an average cost of $52 / sq.feet followed by "House" priced at $112 / sq.feet. "Apartment" is the cheapest type of property with a $165 / sq.feet value followed by "Townhouse" with an average price of $128 / sq.feet.