Property prices for sale in Placitas (New Mexico)
The prices in real estate in Placitas, 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 Placitas has increased strongly during the last 6 months. In November, the average price per sq.feet was $262. In the following month the price per sq.feet increased considerably to $4,117. The price for the following two months in (January, February) had a considerable decrease of 12 with regard to the prior two months. The price per sq.feet has had a considerable increase of 968 % 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 $1,230.25 to $11,914.5 during March, and April.
Based upon to the price in Placitas (cities), this has gone downing the last 6 months. The average price for November is $685,642. During December the price had a slight fall till $599,150. During the following two months (January, February) the price has had an average incrementation from $642,396 to $703,635.5. 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 $673,015.75 to $577,029 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $702,191 they are 43 % more affordable than the average price for Placitas. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $676,411.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $232 / sq.feet, with an average $1,792 / sq.feet price in Placitas. The properties with the lowest average prices have 2 bedrooms. They are 81 % cheaper than the average followed by properties with 1 bedroom with a price at $269 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $702,191 it is 82 % cheaper than the average price in Placitas. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Land". At a price of $127,188 it is 0 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $262 / sq.feet followed by "Land" priced at $61,093 / sq.feet. "Land" is the most costly type of property with a $61,093 / sq.feet cost followed by "House" with an average price of $262 / sq.feet.
