Property prices for sale in Lovington (New Mexico)
The prices in real estate in Lovington, 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 Lovington has increased strongly during the last 6 months. In November, the average price per sq.feet was $187. In the following month the price per sq.feet increased considerably to $2,767. The price for the following two months in (January, February) had a considerable decrease of 10 with regard to the prior two months. The price per sq.feet has had a considerable increase of 186 % 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 $813.75 to $1,517.5 during March, and April.
Based upon to the price in Lovington (cities), these have remained the same in the last 6 months. The average price for November is $286,420. During December the price had a considerable reduction till $208,871. During the following two months (January, February) the average price had a considerable increase of 132 % 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 gone up 111 % during the last two months.
