Property prices for sale in Magdalena (New Mexico)
The prices in real estate in Magdalena, 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 Magdalena has increased strongly during the last 6 months. In October, the average price per sq.feet was $167. In the following month the price per sq.feet decreased to $156. The price for the following two months in (December, January) had a considerable increment of 117 %. The price per sq.feet has had a considerable increase of 230 % 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 $175.5 to $403.5 during February, and March.
Based upon to the price in Magdalena (cities), this has gone downing the last 6 months. The average price for October is $276,667. During November the price had a slight fall till $252,500. In the following two months the average price has remained the same with regard to the previous two months from $264,583.5 to $264,894. 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 $264,738.75 and $261,151.5 between February and March.
