Property prices for sale in Rio Rancho (New Mexico)
The prices in real estate in Rio Rancho, in the New Mexico region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Rio Rancho has remained the same in the last 6 months. In October, the average price per sq.feet was $498. In the following month the price per sq.feet increased considerably to $635. The price for the following two months in (December, January) had a considerable decrease of 74 with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $491.75 to $477 during February y March
Based upon to the price in Rio Rancho (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $337,052. In November This price remains at $335,780. In the following two months the average price has remained the same with regard to the previous two months from $336,416 to $350,881. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $343,648.5 and $346,304.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $357,946 they are 71 % more affordable than the average price for Rio Rancho. The properties with the highest average price have 4 bedrooms, Their price is 23 % more costly than the average. After that we have properties with 3 bedrooms priced at $369,593.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $174 / sq.feet, with an average $669 / sq.feet price in Rio Rancho. The properties with the lowest average prices have 3 bedrooms. They are 53 % cheaper than the average followed by properties with 2 bedrooms with a price at $212 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $357,946 it is 84 % cheaper than the average price in Rio Rancho. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $398,492 it is 22 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Office" at an average cost of $53 / sq.feet followed by "Duplex" priced at $54 / sq.feet. "Apartment" is the most costly type of property with a $701 / sq.feet cost followed by "House" with an average price of $329 / sq.feet.
