The rent prices in real estate in Alamogordo, in the New Mexico region have slightly fallen in the last couple of months. There has been a fall in the rent prices in this city.
The price per sq.feet in Alamogordo has fallen during the last 6 months. In October, the average price per sq.feet was $1.18. In November this price barely changed remaining at $1.15 per sq.feet. The price for the following two months in (December, January) fell 95 % with regard to the previous two months. The price per sq.feet has fallen 92 % 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 $1.13 to $1.04 during February, and March.
When referring to the price in Alamogordo (cities), there have hardly been any changes in the last 6 months. In our first sample month during October, the average price is $1,451. In November This price remains at $1,448. In the following two months the average price has hardly changed with regard to the previous two months from $1,449.5 to $1,452.5. Based on an analysis of the first four prices and the last two months the average price has increased 107 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,692 they are 37 % more affordable than the average price for Alamogordo . The properties with the highest average price have 4 bedrooms, Their price is 23 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,588.
With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $0.97 / sq.feet, with an average $1.01 / sq.feet price in Alamogordo. The properties with the most expensive average prices have 2 bedrooms. They are 16 % more expensive than the average followed by properties with 1 bedroom with a price at $1.13 / sq.feet.
The graph displaying the average rent prices displays the property type "Apartment" as the most affordable one. At an cost of $1,692 it is 18 % more affordable than the average price in Alamogordo. "House" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $1,719 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the most affordable property is "House" at an average price of $1.01 / sq.feet followed by "Apartment" priced at $1.08 / sq.feet. "Apartment" is the most expensive type of property with a $1.08 / sq.feet value followed by "House" with an average price of $1.01 / sq.feet.