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.
The price per sq.feet in Socorro has remained the same in the last 6 months. In October, the average price per sq.feet was $147. In November this price pretty much remained the same at a value of $142 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $144.5 to $141.5 per sq.feet. 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 $143 to $142.5 during February y March
Based upon to the price in Socorro (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $240,950. In November This price remains at $245,985. In the following two months the average price has remained the same with regard to the previous two months from $243,467.5 to $248,555.5. 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 $246,011.5 and $248,971.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $252,885 they are 19 % more affordable than the average price for Socorro. The properties with the highest average price have 4 bedrooms, Their price is 9 % more costly than the average. After that we have properties with 2 bedrooms priced at $256,033.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $138 / sq.feet, with an average $146 / sq.feet price in Socorro. The properties with the highest average prices have 1 bedroom. They are 72 % more expensive than the average followed by properties with 4 bedrooms with a price at $161 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $252,885 it is 73 % cheaper than the average price in Socorro. "Farm" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $246,379 it is 117 % 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 $14 / sq.feet followed by "Apartment" priced at $22 / sq.feet. "Land" is the most costly type of property with a $128,265 / sq.feet cost followed by "House" with an average price of $139 / sq.feet.
