The prices in real estate in Cedar Crest, 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 Cedar Crest has increased strongly during the last 6 months. In September, the average price per sq.feet was $218. In the following month the price per sq.feet increased to $230. The price for the following two months in (November, December) had a considerable increment of 190 %. The price per sq.feet has had a considerable deflation of 61 % 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 $324.5 to $198.5 during January, and February.
Based upon to the price in Cedar Crest (cities), this has gone up in the last 6 months. The average price during our first sample month during September, is $468,686. During October the price went through a considerable rise reaching $623,333. During the following two months (November, December) the average price had a considerable reduction of 85 % with regard to the previous two months. 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 $504,437.25 and $491,605.5 between January and February.