The prices in real estate in Los Lunas, 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 Los Lunas has increased strongly during the last 6 months. In December, the average price per sq.feet was $96. In the following month the price per sq.feet increased considerably to $127. The price for the following two months in (February, March) had a considerable increment of 121 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $123 to $124.5 during April y May
Based upon to the price in Los Lunas (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during December, is $213,326. During January the price went through a considerable rise reaching $277,230. During the following two months (February, March) the price has had an average incrementation from $245,278 to $280,999. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $263,138.5 and $266,798 between April and May.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $255,414 they are 21 % more affordable than the average price for Los Lunas. The properties with the highest average price have 4 bedrooms, Their price is 46 % more costly than the average. After that we have properties with 3 bedrooms priced at $271,156.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $120 / sq.feet, with an average $115 / sq.feet price in Los Lunas. The properties with the highest average prices have 4 bedrooms. They are 292 % more expensive than the average followed by properties with 1 bedroom with a price at $136 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $255,414 it is 55 % cheaper than the average price in Los Lunas. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Townhouse". At a price of $207,259 it is 4 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $78 / sq.feet followed by "House" priced at $114 / sq.feet. "Land" is the most costly type of property with a $444 / sq.feet cost followed by "House" with an average price of $114 / sq.feet.