Property prices for sale in Estancia (New Mexico)

The prices in real estate in Estancia, 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.

$267,865.83
Average price last 6 months
$882.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Estancia has increased strongly during the last 6 months. In October, the average price per sq.feet was $445. In the following month the price per sq.feet decreased considerably to $199. The price for the following two months in (December, January) had a considerable increment of 318 %. The price per sq.feet has had a considerable increase of 193 % 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 $673.5 to $1,300.5 during February, and March.

Average price

Based upon to the price in Estancia (cities), this has fallen considerably in the last 6 months. The average price for October is $430,111. During November the price had a considerable reduction till $295,483. During the following two months (December, January) the average price had a considerable reduction of 62 % 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 $294,624 to $214,349.5, which means a 73 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the most costly ones. At a price of $123,999 they are 1 % more expensive than the average price for Estancia. Following this ranking we find those properties with 2 at an average price of $140,910. The properties with the highest average price have 3 bedrooms, Their price is 179 % more costly than the average. After that we have properties with 1 bedroom priced at $178,463.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $9 / sq.feet, with an average $2,339 / sq.feet price in Estancia. The properties with the lowest average prices have 1 bedroom. They are 95 % cheaper than the average followed by properties with 3 bedrooms with a price at $88 / sq.feet.

Price per property type

According to average price per property type in Estancia, "" priced at $112,105 is 10 % cheaper than the average price ($123,999) in this city.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Estancia
Number of properties used in region New Mexico
$123,999
$2,339
206
104,186
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value