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 minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city

Average price last 6 months
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Santa Teresa has fallen in the last 6 months. In March, the average price per sq.feet was $112. In April this price pretty much remained the same at a value of $112 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $112 to $111.5 per sq.feet. The price per sq.feet has had a considerable deflation of 76 % 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 $111.75 to $85 during July, and August.

Average price

Based upon to the price in Santa Teresa (cities), these have remained the same in the last 6 months. The average price during our first sample month during March, is $272,796. During April the price went through a considerable rise reaching $319,049. In the following two months the average price has remained the same with regard to the previous two months from $295,922.5 to $308,137.5. During the last two months the average price has had a strong fall compared to the previous four going from $302,030 to $217,123, which means a 72 % fall.

Charts data
Average price August
Average price per sq.feet August
Number of properties used in Santa Teresa
Number of properties used in region New Mexico
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** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value