The prices in real estate in Terrace, in the British Columbia region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Terrace has remained the same in the last 6 months. In September, the average price per sq.feet was $250. In the following month the price per sq.feet increased to $269. The price for the following two months in (November, December) decreased 91 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $247.75 to $256.5 during January y February
Based upon to the price in Terrace (cities), this has fallen considerably in the last 6 months. The average price for September is $723,660. During October the price had a slight fall till $654,138. During the following two months (November, December) the average price had a considerable reduction of 80 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 91 %, going from $620,087 to $564,066.5 in January and February.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $565,901 they are 46 % more affordable than the average price for Terrace. The properties with the highest average price have 4 bedrooms, Their price is 15 % more costly than the average. After that we have properties with 3 bedrooms priced at $489,759.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $243 / sq.feet, with an average $257 / sq.feet price in Terrace. The properties with the highest average prices have 1 bedroom. They are 42 % more expensive than the average followed by properties with 3 bedrooms with a price at $291 / sq.feet.
With regard to the average price based upon the property in Terrace we can see that most expensive property type is "House" at a price of $581,102, they are 3 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 3 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $255 / sq.feet. "House" with an average cost of $255 / sq.feet has the lowest price and would be directed at less affluent cities.