Property prices for sale in Taos (New Mexico)

The prices in real estate in Taos, 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.

$656,609.17
Average price last 6 months
$3,352.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Taos has increased strongly during the last 6 months. In September, the average price per sq.feet was $2,688. In the following month the price per sq.feet increased considerably to $3,796. The price for the following two months in (November, December) decreased 92 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 123 % 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 $3,111 to $3,835 during January, and February.

Average price

Based upon to the price in Taos (cities), this has fallen considerably in the last 6 months. The average price for September is $815,599. During October the price had a slight fall till $757,724. During the following two months (November, December) the average price had a considerable reduction of 79 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $705,948.75 to $557,930, which means a 79 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $587,730 they are 19 % more affordable than the average price for Taos. The properties with the highest average price have 4 bedrooms, Their price is 71 % more costly than the average. After that we have properties with 3 bedrooms priced at $915,326.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $345 / sq.feet, with an average $3,872 / sq.feet price in Taos. The properties with the lowest average prices have 4 bedrooms. They are 41 % cheaper than the average followed by properties with 3 bedrooms with a price at $1,393 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $587,730 it is 70 % cheaper than the average price in Taos. "Townhouse" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "House". At a price of $825,255 it is 357 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $309 / sq.feet followed by "Condo" priced at $427 / sq.feet. "Land" is the most costly type of property with a $8,901 / sq.feet cost followed by "House" with an average price of $1,786 / sq.feet.

Charts data
Average price February
Average price per sq.feet February
Number of properties used in Taos
Number of properties used in region New Mexico
$587,730
$3,872
1,878
96,548
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value