The prices in real estate in Cerrillos, 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 Cerrillos has remained the same in the last 6 months. In October, the average price per sq.feet was $1,335. In the following month the price per sq.feet decreased considerably to $1,025. The price for the following two months in (December, January) had a considerable decrease of 80 with regard to the prior two months. The price per sq.feet has had a considerable increase of 190 % 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 $1,063.75 to $2,024 during February, and March.
Based upon to the price in Cerrillos (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $759,750. During November the price went through a considerable rise reaching $874,667. During the following two months (December, January) the average price had a considerable reduction of 80 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $734,423.25 to $424,160, which means a 58 % fall.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 33 % more costly than the average price of $508,400 in Cerrillos. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 33 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 103 % more costly than the average price of ($4,088 / sq.feet) in Cerrillos. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 103 % more costly than the average value aforementioned.