Property prices for sale in Velarde (New Mexico)
The prices in real estate in Velarde, 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 Velarde has increased strongly during the last 6 months. In November, the average price per sq.feet was $194. In the following month the price per sq.feet increased considerably to $28,445. The price for the following two months in (January, February) had a considerable decrease of 1 with regard to the prior two months. The price per sq.feet has had a considerable increase of 336 % 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 $7,196 to $24,156.5 during March, and April.
Based upon to the price in Velarde (cities), this has fallen considerably in the last 6 months. The average price for November is $481,175. During December the price had a considerable reduction till $269,117. During the following two months (January, February) the average price had a considerable reduction of 53 % 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 137 % during the last two months.
