The prices in real estate in Los Lunas, in the New Mexico region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Los Lunas has increased during the last 6 months. In December, the average price per sq.feet was $105. In January this price pretty much remained the same at a value of $107 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $106 to $108.5 per sq.feet. The price per sq.feet has increased 110 % 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 $107.25 to $118 during April, and May.
Based upon to the price in Los Lunas (cities), these have remained the same in the last 6 months. The average price for December is $215,960. During January the price had a slight fall till $204,591. In the following two months the average price has remained the same with regard to the previous two months from $210,275.5 to $209,579.5. Based on an analysis of the first four prices and the last two months the average price has gone up 111 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $235,959 they are 13 % more affordable than the average price for Los Lunas. The properties with the highest average price have 4 bedrooms, Their price is 6 % more costly than the average. After that we have properties with 1 bedroom priced at $242,995.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $104 / sq.feet, with an average $118 / sq.feet price in Los Lunas. The properties with the highest average prices have 2 bedrooms. They are 12 % more expensive than the average followed by properties with 1 bedroom with a price at $121 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $235,959 it is 14 % cheaper than the average price in Los Lunas. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $212,308 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $102 / sq.feet followed by "Land" priced at $103 / sq.feet. "House" is the most costly type of property with a $123 / sq.feet cost followed by "Land" with an average price of $103 / sq.feet.