The prices in real estate in Tecumseh, in the Ontario 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 Tecumseh has increased strongly during the last 6 months. In September, the average price per sq.feet was $338. In October this price pretty much remained the same at a value of $335 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $336.5 to $347 per sq.feet. The price per sq.feet has had a considerable increase of 230 % 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 $341.75 to $785 during January, and February.
Based upon to the price in Tecumseh (cities), this has gone up in the last 6 months. In our first sample month during September, the average price is $541,261. In October This price remains at $552,032. In the following two months the average price has remained the same with regard to the previous two months from $546,646.5 to $560,319. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $559,918 they are 27 % more affordable than the average price for Tecumseh. The properties with the lowest average price have 1 bedroom, Their price is 25 % cheaper than the average. After that we have properties with 2 bedrooms priced at $415,727.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the most costly ones at a cost of $8,662 / sq.feet, with an average $767 / sq.feet price in Tecumseh. The properties with the highest average prices have 1 bedroom. They are 1052 % more expensive than the average followed by properties with 2 bedrooms with a price at $8,797 / sq.feet.
With regard to the average price based upon the property in Tecumseh we can see that the cheapest property type is "House" at a price of $409,528, they are 27 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 27 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $8,662 / sq.feet. "House" at an average price of $8,662 / sq.feet has the most expensive price and would be directed at more affluent cities.