Property prices for sale in Tres Piedras (New Mexico)

The price per sq.feet in Tres Piedras has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $2,649. In the following month the price per sq.feet decreased considerably to $1,368. In the following two months the price per sq.feet has barely changed, going from $2,008.5 to $1,936 per sq.feet. The price per sq.feet has had a considerable deflation of 42 % 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 $1,972.25 to $823 during March, and April.

Based upon to the price in Tres Piedras (cities), this has fallen considerably in the last 6 months. The average price for November is $10,391,667. During December the price had a considerable reduction till $4,893,429. In the following two months the average price has remained the same with regard to the previous two months from $7,642,548 to $7,380,687.5. During the last two months the average price has had a strong fall compared to the previous four going from $7,511,618 to $4,135,590.5, which means a 55 % fall.