The terms lot and tract both describe an area of land. These two terms are not synonyms. Lot is used to discuss a legally defined piece of property or real estate. Every lot is not the same size, but the term is used when discussing a piece of land that is or will be owned and developed by a specific person. A tract of land is a general term, and can define a few acres, square miles or large identifiable area of land. A tract of land is an identifiable expanse of land.
Sales prices have depreciated 37.1% over the last 5 years in Malta. The average listing price for Malta homes for sale on Trulia was $323,574 for the week ending Sep 30, which represents a decline of 0.6%, or $2,075, compared to the prior week and a decline of 4.4%, or $14,937, compared to the week ending Sep 09.
As for single-family homes in the suburbs and rural areas, Mr. Jespersen said, prices have fallen by 1 to 2 percent in the last six months. The average price of housing in Denmark is $2,350 per square meter (about $218 a square foot), said Jesper Elle of Nybolig, a Copenhagen real estate company.However, prices range greatly.2.5 MILLION (14,750,000 DANISH KRONER). This dark-brown wood house with a roof of terra-cotta tiles was built in 1917 and is on the edge of the Trorod Forest north of Copenhagen, Denmark. The house sits on a lot of two thirds of an acre planted with flowers.