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.
Sixteen areas â all in Greater London-have an average price in excess of Â£5,000 per m 2 which is four more than last year. (Table 1) Outside southern England*, Altrincham in Cheshire remains the most expensive town with an average price of Â£ 2,446 per m 2.quare metre per dwelling is based purely on the size of the house and does not take account of outdoor space attached to a dwelling. All property prices are based on the average prices per square metre for transactions during the 12 month period to May for each year.