Property prices for sale in Mimbres (New Mexico)
The prices in real estate in Mimbres, 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 Mimbres has increased strongly during the last 6 months. In October, the average price per sq.feet was $209. In the following month the price per sq.feet decreased considerably to . The price for the following two months in (December, January) had a considerable increment of 9660 %. The price per sq.feet has had a considerable deflation of 75 % 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 $5,099.5 to $3,837 during February, and March.
Based upon to the price in Mimbres (cities), this has fallen considerably in the last 6 months. The average price for October is $408,600. During November the price had a considerable reduction till . During the following two months (December, January) the average price fell 86 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 86 %, going from $190,452.75 to $163,083.5 in February and March.
