The prices in real estate in Aztec, in the New Mexico region have had a strong rise in the last couple of months. The real estate prices for second hand homes have gone through a strong increase in this city.
The price per sq.feet in Aztec has increased strongly during the last 6 months. In April, the average price per sq.feet was $113. In the following month the price per sq.feet increased considerably to $144. The price for the following two months in (June, July) had a considerable increment of 177 %. The price per sq.feet has had a considerable deflation of 64 % 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 $178 to $114 during August, and September.
Based upon to the price in Aztec (cities), this has gone up in the last 6 months. The price in April is $201,056, rising in May till $219,139. During the following two months (June, July) the price has had an average incrementation from $210,097.5 to $233,880.5. 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 $221,989 and $223,735.5 between August and September.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $219,711 they are 12 % more affordable than the average price for Aztec. The properties with the highest average price have 4 bedrooms, Their price is 43 % more costly than the average. After that we have properties with 2 bedrooms priced at $227,822.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $106 / sq.feet, with an average $113 / sq.feet price in Aztec. The properties with the highest average prices have 1 bedroom. They are 118 % more expensive than the average followed by properties with 2 bedrooms with a price at $194 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $219,711 it is 20 % cheaper than the average price in Aztec. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $219,674 it is 5 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $83 / sq.feet followed by "Duplex" priced at $92 / sq.feet. "House" is the most costly type of property with a $123 / sq.feet cost followed by "Condo" with an average price of $108 / sq.feet.