The rent prices in real estate in Santa Teresa, in the New Mexico region have barely changed in the last couple of months. There have hardly been any changes in the rent prices in this city.
The price per sq.feet in Santa Teresa has barely changed in the last 6 months. In December, the average price per sq.feet was $1. In January this price barely changed remaining at $1 per sq.feet. The price for the following two months in (February, March) had a considerable fall of 0 with regard to the previous two months. The price per sq.feet has had a considerable rise of 400 % 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 $0.5 to $2 during April, and May.
When referring to the price in Santa Teresa (cities), this has risen considerably in the last 6 months. In our first sample month during December, the average price is $727. In January This price remains at $727. During the following two months (February, March) the average price had a considerable rise of 150 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has had a strong increase of 120 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most affordable price has 1 bedroom. It is 10 % more affordable than the average price of $976 in Santa Teresa. Based on the bedrooms values, properties with the most affordable rent prices are those with 1 bedroom. They are 10 % more affordable than the average aforementioned.
According to average price per property type in Santa Teresa, "" priced at $976 is 10 % lower than the average price ($1,090) in this city.