Property prices for sale in Alto (New Mexico)

The prices in real estate in Alto, in the New Mexico region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$524,235.33
Average price last 6 months
$23,868
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Alto has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $93,467. In the following month the price per sq.feet decreased considerably to $599. The price for the following two months in (December, January) had a considerable decrease of 8 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 81 % 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 $25,464.5 to $20,675 during February, and March.

Average price

Based upon to the price in Alto (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $344,320. During November the price went through a considerable rise reaching $795,500. In the following two months the average price has remained the same with regard to the previous two months from $569,910 to $569,477. During the last two months the average price has had a strong fall compared to the previous four going from $569,693.5 to $433,319, which means a 76 % fall.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Alto
Number of properties used in region New Mexico
$413,263
$41,108
584
104,186
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value