Property prices for sale in Ruidoso Downs (New Mexico)
The prices in real estate in Ruidoso Downs, 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 Ruidoso Downs has increased strongly during the last 6 months. In October, the average price per sq.feet was $132. In the following month the price per sq.feet increased to $141. The price for the following two months in (December, January) had a considerable increment of 3757 %. The price per sq.feet has had a considerable increase of 324 % 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 $2,632.25 to $8,539.5 during February, and March.
Based upon to the price in Ruidoso Downs (cities), this has gone up considerably in the last 6 months. The price in October is $195,750, rising in November till $207,667. During the following two months (December, January) the average price had a considerable increase of 161 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $262,758 to $246,750 in February and March.
