Property prices for sale in Sandia Park (New Mexico)
The prices in real estate in Sandia Park, 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 Sandia Park has increased strongly during the last 6 months. In October, the average price per sq.feet was $243. In November this price pretty much remained the same at a value of $253 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 3030 %. The price per sq.feet has had a considerable increase of 329 % 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 $3,881 to $12,778.5 during February, and March.
Based upon to the price in Sandia Park (cities), this has fallen considerably in the last 6 months. The price in October is $715,672, rising in November till $785,824. During the following two months (December, January) the average price fell 89 % 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 $710,728 to $372,191, which means a 52 % 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 $238,949 they are 28 % more expensive than the average price for Sandia Park. Following this ranking we find those properties with 1 at an average price of $334,260. The properties with the highest average price have 4 bedrooms, Their price is 220 % more costly than the average. After that we have properties with 3 bedrooms priced at $491,819.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $116 / sq.feet, with an average $23,595 / sq.feet price in Sandia Park. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 4 bedrooms with a price at $190 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most costly one. At an cost of $238,949 it is 85 % more expensive than the average price in Sandia Park. "Farm" is seen as the second dearest property type. The dearest property type is "House" followed by "Farm". At a price of $448,096 it is 105 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $94 / sq.feet followed by "Apartment" priced at $96 / sq.feet. "House" is the cheapest type of property with a $137 / sq.feet value followed by "Apartment" with an average price of $96 / sq.feet.
