The prices in real estate in Bosque Farms, 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 Bosque Farms has increased strongly during the last 6 months. In November, the average price per sq.feet was $210. In the following month the price per sq.feet increased to $241. In the following two months the price per sq.feet has barely changed, going from $225.5 to $230.5 per sq.feet. The price per sq.feet has had a considerable increase of 6741 % 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 $228 to $15,370 during March, and April.
Based upon to the price in Bosque Farms (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $425,817. During December the price went through a considerable rise reaching $527,475. During the following two months (January, February) the price has had an average incrementation from $476,646 to $526,154.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 55 % cheaper than the average price of $293,063 in Bosque Farms. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 55 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 67 % cheaper than the average price of ($84 / sq.feet) in Bosque Farms. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 67 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Bosque Farms we can see that the cheapest property type is "House" at a price of $293,063, they are 55 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 55 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $84 / sq.feet. "House" with an average cost of $84 / sq.feet has the lowest price and would be directed at less affluent cities.