The prices in real estate in Alamogordo, in the New Mexico region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Alamogordo has fallen in the last 6 months. In March, the average price per sq.feet was $142. In the following month the price per sq.feet decreased considerably to $116. The price for the following two months in (May, June) had a considerable decrease of 83 with regard to the prior two months. The price per sq.feet has had a considerable increase of 121 % 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 $117.75 to $143 during July, and August.
Based upon to the price in Alamogordo (cities), these have remained the same in the last 6 months. The price in March is $181,277, rising in April till $190,742. During the following two months (May, June) the average price fell 93 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $179,830.5 and $171,411.5 between July and August.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 48 % cheaper than the average price of $90,493 in Alamogordo. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 48 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 6 % cheaper than the average price of ($88 / sq.feet) in Alamogordo. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 6 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $175,373 it is 61 % cheaper than the average price in Alamogordo. "Duplex" is seen as the second most affordable property type. The cheapest type property is "Apartment" followed by "Duplex". At a price of $69,276 it is 48 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $48 / sq.feet followed by "Duplex" priced at $56 / sq.feet. "Apartment" is the cheapest type of property with a $88 / sq.feet value followed by "Duplex" with an average price of $56 / sq.feet.