Property prices for sale in Arroyo Hondo (New Mexico)

The price per sq.feet in Arroyo Hondo has increased strongly during the last 6 months. In October, the average price per sq.feet was $2,131. In November this price pretty much remained the same at a value of $2,148 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 65 with regard to the prior two months. The price per sq.feet has had a considerable increase of 2120 % 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 $1,761.5 to $37,348 during February, and March.

Based upon to the price in Arroyo Hondo (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $2,485,000. In November This price remains at $2,485,000. During the following two months (December, January) the average price had a considerable reduction of 71 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $2,119,843.75 to $1,562,055.5, which means a 74 % fall.