The prices in real estate in Deming, in the Washington region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Deming has had a strong decrease during the last 6 months. In March, the average price per sq.feet was $211. In the following month the price per sq.feet decreased to $196. The price for the following two months in (May, June) decreased 85 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 82 % 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 $188.5 to $155.5 during July, and August.
Based upon to the price in Deming (cities), this has fallen considerably in the last 6 months. The average price for March is $154,326. During April the price had a considerable reduction till $63,900. During the following two months (May, June) the price has had an average incrementation from $109,113 to $121,418.5. Based on an analysis of the first four prices and the last two months the average price has gone up 112 % 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 $109,036 they are 41 % more affordable than the average price for Deming. The properties with the highest average price have 4 bedrooms, Their price is 1477 % more costly than the average. After that we have properties with 2 bedrooms priced at $470,780.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $143 / sq.feet, with an average $159 / sq.feet price in Deming. The properties with the highest average prices have 4 bedrooms. They are 219 % more expensive than the average followed by properties with 2 bedrooms with a price at $285 / sq.feet.
With regard to the average price based upon the property in Deming we can see that most expensive property type is "House" at a price of $257,544, they are 136 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 136 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $222 / sq.feet. "House" at an average price of $222 / sq.feet has the most expensive price and would be directed at more affluent cities.