The prices in real estate in Tijeras, 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.
The price per sq.feet in Tijeras has increased strongly during the last 6 months. In November, the average price per sq.feet was $119. In the following month the price per sq.feet decreased considerably to $78. The price for the following two months in (January, February) had a considerable increment of 146 %. The price per sq.feet has had a considerable increase of 166 % 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 $121 to $200.5 during March, and April.
Based upon to the price in Tijeras (cities), this has gone up in the last 6 months. The average price for November is $259,850. During December the price had a considerable reduction till $127,511. During the following two months (January, February) the average price had a considerable increase of 150 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 160 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $380,867 they are 64 % more affordable than the average price for Tijeras. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $362,767.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $144 / sq.feet, with an average $186 / sq.feet price in Tijeras. The properties with the highest average prices have 4 bedrooms. They are 241 % more expensive than the average followed by properties with 2 bedrooms with a price at $154 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $380,867 it is 81 % cheaper than the average price in Tijeras. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $74,225 it is 0 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $155 / sq.feet followed by "Land" priced at $300 / sq.feet. "Land" is the most costly type of property with a $300 / sq.feet cost followed by "House" with an average price of $155 / sq.feet.