Property prices for sale in Edgewood (New Mexico)

The prices in real estate in Edgewood, in the New Mexico region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

$174,120
Average price last 6 months
$194.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Edgewood has fallen in the last 6 months. In May, the average price per sq.feet was $213. In the following month the price per sq.feet increased to $226. The price for the following two months in (July, August) decreased 88 % with regard to the prior two months. The price per sq.feet has had a considerable deflation of 83 % 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 $206.25 to $171 during September, and October.

Average price

Based upon to the price in Edgewood (cities), this has gone up considerably in the last 6 months. The average price for May is $127,561. During June the price had a slight fall till $116,458. During the following two months (July, August) the average price had a considerable increase of 153 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 139 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $231,272 they are 41 % more affordable than the average price for Edgewood. The properties with the highest average price have 4 bedrooms, Their price is 67 % more costly than the average. After that we have properties with 3 bedrooms priced at $332,556.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $127 / sq.feet, with an average $130 / sq.feet price in Edgewood. The properties with the highest average prices have 3 bedrooms. They are 108 % more expensive than the average followed by properties with 4 bedrooms with a price at $222 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $231,272 it is 83 % cheaper than the average price in Edgewood. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $38,605 it is 26 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $127 / sq.feet followed by "House" priced at $150 / sq.feet. "House" is the most costly type of property with a $150 / sq.feet cost followed by "Land" with an average price of $127 / sq.feet.

Charts data
Average price October
Average price per sq.feet October
Number of properties used in Edgewood
Number of properties used in region New Mexico
$231,272
$130
1,470
61,366
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value