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.
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.
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.
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.