The prices in real estate in Santa Teresa, 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 Santa Teresa has increased strongly during the last 6 months. In September, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $135. The price for the following two months in (November, December) had a considerable increment of 191 %. The price per sq.feet has had a considerable increase of 128 % 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 $98.25 to $126 during January, and February.
Based upon to the price in Santa Teresa (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during September, is . During October the price went through a considerable rise reaching $266,407. During the following two months (November, December) the average price had a considerable increase of 255 % 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 135 % during the last two months.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 18 % more costly than the average price of $360,897 in Santa Teresa. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 18 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 809 % more costly than the average price of ($1,145 / sq.feet) in Santa Teresa. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 809 % more costly than the average value aforementioned.
With regard to the average price based upon the property in Santa Teresa we can see that most expensive property type is "House" at a price of $360,897, they are 18 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 18 % more expensive than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $1,145 / sq.feet. "House" at an average price of $1,145 / sq.feet has the most expensive price and would be directed at more affluent cities.