Property prices for sale in Deming (New Mexico)
The prices in real estate in Deming, 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 Deming has increased strongly during the last 6 months. In October, the average price per sq.feet was $693. In the following month the price per sq.feet decreased considerably to $327. The price for the following two months in (December, January) had a considerable increment of 203 %. The price per sq.feet has had a considerable increase of 204 % 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 $772 to $1,574 during February, and March.
Based upon to the price in Deming (cities), this has gone up in the last 6 months. The price in October is $106,230, rising in November till $119,293. In the following two months the average price has remained the same with regard to the previous two months from $112,761.5 to $117,718. Based on an analysis of the first four prices and the last two months the average price has gone up 108 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $148,687 they are 14 % more affordable than the average price for Deming. The properties with the highest average price have 3 bedrooms, Their price is 102 % more costly than the average. After that we have properties with 4 bedrooms priced at $286,818.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $167 / sq.feet, with an average $1,283 / sq.feet price in Deming. The properties with the lowest average prices have 4 bedrooms. They are 54 % cheaper than the average followed by properties with 2 bedrooms with a price at $522 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $148,687 it is 52 % cheaper than the average price in Deming. "Farm" is seen as the second most affordable property type. The dearest property type is "House" followed by "Detached House". At a price of $172,154 it is 67 % 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 $15 / sq.feet followed by "Detached House" priced at $116 / sq.feet. "Land" is the most costly type of property with a $3,414 / sq.feet cost followed by "House" with an average price of $249 / sq.feet.
