Property prices for sale in Tijeras (New Mexico)

The prices in real estate in Tijeras, in the New Mexico region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.

$382,913.67
Average price last 6 months
$176.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Tijeras has had a strong decrease during the last 6 months. In April, the average price per sq.feet was $228. In the following month the price per sq.feet decreased considerably to $164. In the following two months the price per sq.feet has barely changed, going from $196 to $189 per sq.feet. The price per sq.feet has had a considerable deflation of 75 % 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 $192.5 to $144.5 during August, and September.

Average price

Based upon to the price in Tijeras (cities), these have remained the same in the last 6 months. The average price during our first sample month during April, is $375,738. During May the price went through a considerable rise reaching $435,359. In the following two months the average price has remained the same with regard to the previous two months from $405,548.5 to $401,365.5. During the last two months the average price has had a strong fall compared to the previous four going from $403,457 to $341,827, which means a 85 % 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 $345,268 they are 72 % more affordable than the average price for Tijeras. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 3 bedrooms priced at $341,439.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $90 / sq.feet, with an average $149 / sq.feet price in Tijeras. The properties with the lowest average prices have 4 bedrooms. They are 4 % cheaper than the average followed by properties with 2 bedrooms with a price at $139 / sq.feet.

Price per property type

With regard to the average price based upon the property in Tijeras we can see that the cheapest property type is "House" at a price of $257,084, they are 26 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 26 % more affordable than the average price aforementioned.

According to the average area cost by sq.feet the cheapest property type is "House with an average price of $115 / sq.feet. "House" with an average cost of $115 / sq.feet has the lowest price and would be directed at less affluent cities.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Tijeras
Number of properties used in region New Mexico
$345,268
$149
524
76,094
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value