Property prices for sale in Santa Teresa (New Mexico)

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.

$359,177.33
Average price last 6 months
$122.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Santa Teresa has increased strongly during the last 6 months. In October, the average price per sq.feet was $104. In the following month the price per sq.feet increased to $112. The price for the following two months in (December, January) decreased 91 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 155 % 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 $103.25 to $160 during February, and March.

Average price

Based upon to the price in Santa Teresa (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $361,076. In November This price remains at $362,781. In the following two months the average price has remained the same with regard to the previous two months from $361,928.5 to $363,198. 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 $362,563.25 and $352,405.5 between February and March.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $353,416 they are 2 % more affordable than the average price for Santa Teresa. The properties with the lowest average price have 1 bedroom, Their price is 1 % cheaper than the average. After that we have properties with 2 bedrooms priced at $348,112.

With regard to the average price per sq.feet , those properties with 2 bedrooms are the most costly ones at a cost of $1,073 / sq.feet, with an average $182 / sq.feet price in Santa Teresa. The properties with the highest average prices have 1 bedroom. They are 495 % more expensive than the average followed by properties with 2 bedrooms with a price at $1,073 / sq.feet.

Price per property type

With regard to the average price based upon the property in Santa Teresa we can see that the cheapest property type is "House" at a price of $348,112, they are 2 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 2 % more affordable 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 $1,073 / sq.feet. "House" at an average price of $1,073 / sq.feet has the most expensive price and would be directed at more affluent cities.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Santa Teresa
Number of properties used in region New Mexico
$353,416
$182
1,950
104,186
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
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