The rent prices in real estate in Deming, in the New Mexico region have fallen considerably in the last couple of months. There has been a strong fall in the rent prices in this city.
The price per sq.feet in Deming has had a strong fall during the last 6 months. In July, the average price per sq.feet was $0.76. In August this price barely changed remaining at $0.79 per sq.feet. The price for the following two months in (September, October) had a considerable fall of 45 with regard to the previous two months. The price per sq.feet has had a considerable rise of 128 % 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 $0.56 to $0.71 during November, and December.
When referring to the price in Deming (cities), this has fallen in the last 6 months. In our first sample month during July, the average price is $778. In August This price remains at $755. During the following two months (September, October) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 89 %, going from $739 to $660.5 in November and December.
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 $633 they are 1 % more affordable than the average price for Deming . The properties with the highest average price have 2 bedrooms, Their price is 19 % more expensive than the average. After that we have properties with 1 bedroom priced at $624.
According to average price per property type in Deming, "" priced at $695 is 10 % more expensive than the average price ($633) in this city.