Property prices for sale in Grants (New Mexico)
The prices in real estate in Grants, in the New Mexico 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 Grants has increased strongly during the last 6 months. In November, the average price per sq.feet was $139. In the following month the price per sq.feet increased considerably to $233. The price for the following two months in (January, February) had a considerable decrease of 63 with regard to the prior two months. The price per sq.feet has had a considerable increase of 165 % 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 $152 to $251.5 during March, and April.
Based upon to the price in Grants (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $221,863. In December This price remains at $232,427. During the following two months (January, February) the average price had a considerable increase of 216 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $358,500.75 to $227,561, which means a 63 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $225,860 they are 39 % more affordable than the average price for Grants. The properties with the highest average price have 4 bedrooms, Their price is 37 % more costly than the average. After that we have properties with 3 bedrooms priced at $240,595.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $60 / sq.feet, with an average $127 / sq.feet price in Grants. The properties with the highest average prices have 1 bedroom. They are 53 % more expensive than the average followed by properties with 3 bedrooms with a price at $100 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most costly one. At an cost of $225,860 it is 20 % more expensive than the average price in Grants. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Land". At a price of $272,065 it is 26 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $22 / sq.feet followed by "House" priced at $127 / sq.feet. "House" is the cheapest type of property with a $127 / sq.feet value followed by "Land" with an average price of $22 / sq.feet.
