Property prices for sale in Ribera (New Mexico)
The prices in real estate in Ribera, 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 Ribera has increased strongly during the last 6 months. In November, the average price per sq.feet was $352. In the following month the price per sq.feet increased to $374. In the following two months the price per sq.feet has barely changed, going from $363 to $349 per sq.feet. The price per sq.feet has had a considerable increase of 3044 % 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 $356 to $10,836.5 during March, and April.
Based upon to the price in Ribera (cities), this has fallen considerably in the last 6 months. The average price for November is $1,352,500. During December the price had a considerable reduction till $696,563. During the following two months (January, February) the average price had a considerable reduction of 82 % 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 152 % during the last two months.
