The prices in real estate in Lovington, 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 Lovington has increased during the last 6 months. In May, the average price per sq.feet was $108. In June this price pretty much remained the same at a value of $112 per sq.feet. In the following two months the price per sq.feet has increased 105 %, going from $110 to $115.5 per sq.feet. 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 $112.75 to $112.5 during September y October
Based upon to the price in Lovington (cities), these have remained the same in the last 6 months. In our first sample month during May, the average price is $202,567. In June This price remains at $204,700. In the following two months the average price has remained the same with regard to the previous two months from $203,633.5 to $199,349. 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 $201,491.25 and $191,874 between September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $193,607 they are 30 % more affordable than the average price for Lovington. The properties with the lowest average price have 1 bedroom, Their price is 12 % cheaper than the average. After that we have properties with 2 bedrooms priced at $134,601.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $76 / sq.feet, with an average $113 / sq.feet price in Lovington. The properties with the lowest average prices have 1 bedroom. They are 20 % cheaper than the average followed by properties with 2 bedrooms with a price at $76 / sq.feet.
With regard to the average price based upon the property in Lovington we can see that the cheapest property type is "Land" at a price of $134,601, they are 30 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 30 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Land with an average price of $76 / sq.feet. "Land" with an average cost of $76 / sq.feet has the lowest price and would be directed at less affluent cities.