Property prices for sale in Angel Fire (New Mexico)
The prices in real estate in Angel Fire, 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.
The price per sq.feet in Angel Fire has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $1,074. In the following month the price per sq.feet decreased considerably to $788. In the following two months the price per sq.feet has increased 112 %, going from $931 to $1,044 per sq.feet. The price per sq.feet has had a considerable deflation of 77 % 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 $987.5 to $762 during March, and April.
Based upon to the price in Angel Fire (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $193,140. In December This price remains at $187,555. During the following two months (January, February) the price has had an average incrementation from $190,347.5 to $215,523. Based on an analysis of the first four prices and the last two months the average price has risen strongly 223 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $676,294 they are 62 % more affordable than the average price for Angel Fire. The properties with the highest average price have 4 bedrooms, Their price is 55 % more costly than the average. After that we have properties with 3 bedrooms priced at $783,435.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $294 / sq.feet, with an average $384 / sq.feet price in Angel Fire. The properties with the highest average prices have 3 bedrooms. They are 56 % more expensive than the average followed by properties with 1 bedroom with a price at $405 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $676,294 it is 90 % cheaper than the average price in Angel Fire. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $335,500 it is 76 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $319 / sq.feet followed by "House" priced at $402 / sq.feet. "Land" is the most costly type of property with a $6,670 / sq.feet cost followed by "House" with an average price of $402 / sq.feet.
