Property prices for sale in Ramah (New Mexico)

The prices in real estate in Ramah, 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.

$395,870.33
Average price last 6 months
$1,046.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Ramah has increased strongly during the last 6 months. In November, the average price per sq.feet was $493. In the following month the price per sq.feet increased considerably to $2,757. The price for the following two months in (January, February) had a considerable decrease of 53 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 52 % 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 $1,246 to $647 during March, and April.

Average price

Based upon to the price in Ramah (cities), this has fallen considerably in the last 6 months. The average price for November is $944,363. During December the price had a considerable reduction till $230,489. During the following two months (January, February) the average price had a considerable reduction of 82 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $534,826.75 to $117,957.5, which means a 22 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the most costly ones. At a price of $134,011 they are 131 % more expensive than the average price for Ramah. Following this ranking we find those properties with 1 at an average price of $320,222. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 211 % more expensive than the average aforementioned.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $255 / sq.feet, with an average $399 / sq.feet price in Ramah. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 67 % more costly than the average value aforementioned.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Ramah
Number of properties used in region New Mexico
$134,011
$399
378
105,594
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value