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 February, the average price per sq.feet was $247. In the following month the price per sq.feet increased considerably to $327. The price for the following two months in (April, May) had a considerable increment of 216 %. The price per sq.feet has had a considerable increase of 123 % 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 $453.25 to $556 during June, and July.
Based upon to the price in Aztec (cities), this has gone up considerably in the last 6 months. The price in February is $153,059, rising in March till $165,096. During the following two months (April, May) the average price had a considerable increase of 121 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $182,345 they are 2 % more expensive than the average price for Aztec. Following this ranking we find those properties with 3 at an average price of $193,324. The properties with the highest average price have 4 bedrooms, Their price is 70 % more costly than the average. After that we have properties with 1 bedroom priced at $306,886.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $102 / sq.feet, with an average $509 / sq.feet price in Aztec. The properties with the lowest average prices have 1 bedroom. They are 12 % cheaper than the average followed by properties with 2 bedrooms with a price at $150 / sq.feet.
The graph displaying the average prices displays the property type "Duplex" as the most affordable one. At an cost of $182,345 it is 4 % cheaper than the average price in Aztec. "Commercial" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $212,787 it is 19 % 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 $73 / sq.feet followed by "Duplex" priced at $82 / sq.feet. "House" is the cheapest type of property with a $111 / sq.feet value followed by "Condo" with an average price of $98 / sq.feet.