Property prices for sale in Tierra Amarilla (New Mexico)

The prices in real estate in Tierra Amarilla, 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.

$826,139
Average price last 6 months
$1,903.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Tierra Amarilla has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,588. In the following month the price per sq.feet decreased considerably to $1,050. The price for the following two months in (December, January) had a considerable increment of 181 %. The price per sq.feet has increased 108 % 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 $1,855 to $2,000 during February, and March.

Average price

Based upon to the price in Tierra Amarilla (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during October, is $1,148,845. During November the price went through a considerable rise reaching $2,186,606. During the following two months (December, January) the average price had a considerable reduction of 24 % 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 $1,036,425.25 to $405,566.5, which means a 39 % fall.

Average price per bedrooms

The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 21 % cheaper than the average price of $156,556 in Tierra Amarilla. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 21 % more affordable than the average aforementioned.

With regard to the average prices per sq.feet those properties with 1 bedroom are 88 % cheaper than the average price of ($163 / sq.feet) in Tierra Amarilla. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 88 % cheaper than the average value aforementioned.

Charts data
Average price March
Average price per sq.feet March
Number of properties used in Tierra Amarilla
Number of properties used in region New Mexico
$197,333
$1,344
88
104,186
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value