Property prices for sale in Belen (New Mexico)
The prices in real estate in Belen, in the New Mexico region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Belen has remained the same in the last 6 months. In October, the average price per sq.feet was $435. In the following month the price per sq.feet decreased to $404. In the following two months the price per sq.feet has increased 109 %, going from $419.5 to $456 per sq.feet. The price per sq.feet has increased 108 % 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 $437.75 to $472.5 during February, and March.
Based upon to the price in Belen (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $211,609. In November This price remains at $213,183. In the following two months the average price has remained the same with regard to the previous two months from $212,396 to $210,290. 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 $211,343 and $206,813.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $194,181 they are 3 % more affordable than the average price for Belen. The properties with the highest average price have 4 bedrooms, Their price is 121 % more costly than the average. After that we have properties with 3 bedrooms priced at $251,371.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $271 / sq.feet, with an average $457 / sq.feet price in Belen. The properties with the lowest average prices have 1 bedroom. They are 5 % cheaper than the average followed by properties with 3 bedrooms with a price at $387 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $194,181 it is 45 % cheaper than the average price in Belen. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $200,874 it is 34 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $16 / sq.feet followed by "Condo" priced at $246 / sq.feet. "Land" is the most costly type of property with a $885 / sq.feet cost followed by "House" with an average price of $280 / sq.feet.
