Property prices for sale in Grants (New Mexico)
The prices in real estate in Grants, 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.
The price per sq.feet in Grants has increased strongly during the last 6 months. In October, the average price per sq.feet was $164. In the following month the price per sq.feet decreased considerably to $139. In the following two months the price per sq.feet has increased 112 %, going from $151.5 to $170 per sq.feet. The price per sq.feet has had a considerable increase of 157 % 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 $160.75 to $252.5 during February, and March.
Based upon to the price in Grants (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $228,579. In November This price remains at $221,863. During the following two months (December, January) the price has had an average incrementation from $225,221 to $243,826. Based on an analysis of the first four prices and the last two months the average price has risen strongly 203 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $229,262 they are 40 % more affordable than the average price for Grants. The properties with the highest average price have 4 bedrooms, Their price is 35 % more costly than the average. After that we have properties with 3 bedrooms priced at $240,836.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $61 / sq.feet, with an average $376 / sq.feet price in Grants. The properties with the lowest average prices have 1 bedroom. They are 48 % cheaper than the average followed by properties with 3 bedrooms with a price at $101 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most costly one. At an cost of $229,262 it is 19 % more expensive than the average price in Grants. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Land". At a price of $272,338 it is 24 % 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 $23 / sq.feet followed by "House" priced at $128 / sq.feet. "House" is the cheapest type of property with a $128 / sq.feet value followed by "Land" with an average price of $23 / sq.feet.
