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 April, the average price per sq.feet was $408. In the following month the price per sq.feet decreased considerably to $283. The price for the following two months in (June, July) decreased 90 % with regard to the prior two months. The price per sq.feet has decreased 86 % 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 $327.5 to $283 during August, and September.
Based upon to the price in Deming (cities), this has fallen considerably in the last 6 months. The average price for April is $466,533. During May the price had a considerable reduction till $224,310. During the following two months (June, July) the average price had a considerable reduction of 82 % 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 $313,923.5 to $145,581.5, which means a 46 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $134,308 they are 34 % more affordable than the average price for Deming. The properties with the highest average price have 3 bedrooms, Their price is 593 % more costly than the average. After that we have properties with 4 bedrooms priced at $480,186.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $263 / sq.feet, with an average $279 / sq.feet price in Deming. The properties with the highest average prices have 3 bedrooms. They are 27 % more expensive than the average followed by properties with 4 bedrooms with a price at $298 / 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 $150,381, they are 12 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 12 % more expensive 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 $278 / sq.feet. "House" with an average cost of $278 / sq.feet has the lowest price and would be directed at less affluent cities.