The prices in real estate in Bayard, 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 Bayard has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $61. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (December, January) had a considerable increment of 134 %. The price per sq.feet has had a considerable increase of 120 % 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 $35.75 to $43 during February, and March.
Based upon to the price in Bayard (cities), this has gone downing the last 6 months. The average price for October is $80,000. During November the price had a considerable reduction till . During the following two months (December, January) the average price had a considerable increase of 130 % 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 risen strongly 282 % during the last two months.