The prices in real estate in Mesilla, 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 Mesilla has increased strongly during the last 6 months. In May, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to . The price for the following two months in (July, August) had a considerable increment of 2147483647 %. The price per sq.feet has had a considerable increase of 421 % 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 $31.25 to $131.5 during September, and October.
Based upon to the price in Mesilla (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during May, is . During June the price went through a considerable rise reaching . During the following two months (July, August) the average price had a considerable increase of 2147483647 % 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 risen strongly 420 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 127 % more costly than the average price of $588,620 in Mesilla. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 127 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 22 % more costly than the average price of ($168 / sq.feet) in Mesilla. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 22 % more costly than the average value aforementioned.
The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of $259,633 it is 23 % more expensive than the average price in Mesilla. "House" is seen as the second dearest property type. The dearest property type is "House" followed by "Apartment". At a price of $318,139 it is 127 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $63 / sq.feet followed by "House" priced at $168 / sq.feet. "House" is the most costly type of property with a $168 / sq.feet cost followed by "Apartment" with an average price of $63 / sq.feet.