Property prices for sale in Socorro (New Mexico)

The prices in real estate in Socorro, in the New Mexico region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

$136,214
Average price last 6 months
$92.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Socorro has remained the same in the last 6 months. In May, the average price per sq.feet was $90. In the following month the price per sq.feet increased to $100. The price for the following two months in (July, August) decreased 95 % with regard to the prior two months. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $92.5 to $92.5 during September y October

Average price

Based upon to the price in Socorro (cities), this has gone up in the last 6 months. The price in May is $128,447, rising in June till $138,840. In the following two months the average price has remained the same with regard to the previous two months from $133,643.5 to $133,657. Based on an analysis of the first four prices and the last two months the average price has gone up 106 % during the last two months.

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 $140,996 they are 19 % more affordable than the average price for Socorro. The properties with the highest average price have 1 bedroom, Their price is 171 % more costly than the average. After that we have properties with 4 bedrooms priced at $156,467.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $85 / sq.feet, with an average $95 / sq.feet price in Socorro. The properties with the highest average prices have 1 bedroom. They are 362 % more expensive than the average followed by properties with 3 bedrooms with a price at $92 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $140,996 it is 49 % cheaper than the average price in Socorro. "House" is seen as the second most affordable property type. The dearest property type is "Farm" followed by "House". At a price of $140,775 it is 9 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $65 / sq.feet followed by "Farm" priced at $67 / sq.feet. "House" is the cheapest type of property with a $84 / sq.feet value followed by "Farm" with an average price of $67 / sq.feet.

Charts data
Average price October
Average price per sq.feet October
Number of properties used in Socorro
Number of properties used in region New Mexico
$140,996
$95
1,196
86,102
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value