The prices in real estate in Deming, in the Washington 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 December, the average price per sq.feet was $193. In the following month the price per sq.feet decreased to $168. The price for the following two months in (February, March) had a considerable increment of 220 %. The price per sq.feet has had a considerable deflation of 66 % 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 $288.75 to $189.5 during April, and May.
Based upon to the price in Deming (cities), this has gone up considerably in the last 6 months. The average price for December is $119,497. During January the price had a considerable reduction till $64,500. During the following two months (February, March) the average price had a considerable increase of 374 % 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 $218,261.75 to $147,591.5, which means a 68 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $166,038 they are 72 % more affordable than the average price for Deming. The properties with the highest average price have 4 bedrooms, Their price is 926 % more costly than the average. After that we have properties with 2 bedrooms priced at $451,847.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $155 / sq.feet, with an average $176 / sq.feet price in Deming. The properties with the highest average prices have 4 bedrooms. They are 184 % more expensive than the average followed by properties with 2 bedrooms with a price at $354 / 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 $255,231, they are 54 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 54 % 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 $213 / sq.feet. "House" at an average price of $213 / sq.feet has the most expensive price and would be directed at more affluent cities.