Property prices for sale in New Mexico region

The average price in the New Mexico region has had a slight increase in recent months. There has been an inflation in the prices in this region.

$382,690.83
Average price last 6 months
$161.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in New Mexico has increased in the last 6 months. During November, the average price per sq.feet was $154. The following month (December) the price increased to $162 per sq.feet. The following two months (January, February) there has been a deflation of 91 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant increase of 122 %. This has been obtained by comparing the price of $150.5 for the first four months of the sample with regard to the previous 4 months and the price of $183 per sq.feet for the last two months (March, April).

Average price

Based upon to the price in New Mexico (region), this has decreased in the last 6 months. In the first month sample November the average price is $405,825. In December the price was the same at $401,759. In the following two months the average price has decreased 84 % compared to the previous two. During the last two months the price has risen 109 % compared to the previous average values going from $371,217 a $405,638.5 in March and April.

Average price per bedrooms

The graph displaying the the average price per number of bedrooms shows that those with 2 bedrooms are the cheapest ones. They are 46 % more affordable than the average price in New Mexico followed by those with 1 with an average price of $271,576. The cheapest properties have 4 bedrooms. They are 10 % cheaper than the average followed by those properties with 3 bedrooms priced at $317,698.

Based on the average price per sq.feet those properties with 4 bedrooms are the cheapest ones with a price of $157 / sq.feet being $200 / sq.feet the average value within the New Mexico region. The properties with the most expensive average price are those with 1 bedroom. These are 44 % more costly than the average followed by those with 2 bedrooms with a price of $192 / sq.feet.

Price per property type

The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $468,981 it is 74 % more affordable than the average in New Mexico. This is followed by "Townhouse" with a price of $371,516. The dearest property type is "Condo" and is 90 % more expensive than the average, followed by "House" with a cost of $884,251.

Based on the average cost per sq.feet the cheapest property type is "Townhouse with a an average cost of $110 / sq.feet, followed by "Commercial" with a price of $111 / sq.feet. "Land" with an average price of $23,456 / sq.feet is the most costly type of property followed by "Condo" at a price of $447 / sq.feet.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in region New Mexico
$468,981
$200
24,670
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
3 Bed, 2 Bath New Home Plan In Rio Rancho, Nm
 32
3 Bed, 2 Bath New Home Plan In Rio Rancho, Nm
$353,990
Rio Rancho, New Mexico - For Sale - House - 1,997 sq.feet - 3 bedrooms - 2 bathrooms
This to-be-built home is the manzanita plan by pulte homes, and is located in the community of the broadmoor heights peak. This single family plan home is...
3 Bed, 2 Bath New Home Plan In Rio Rancho, Nm
 51
3 Bed, 2 Bath New Home Plan In Rio Rancho, Nm
$395,990
Rio Rancho, New Mexico - For Sale - House - 2,455 sq.feet - 3 bedrooms - 3 bathrooms
This to-be-built home is the parklane plan by pulte homes, and is located in the community of the broadmoor heights peak. This single family plan home is...
4 Bed, 2 Bath New Home Plan In Rio Rancho, Nm
 25
4 Bed, 2 Bath New Home Plan In Rio Rancho, Nm
$410,990
Rio Rancho, New Mexico - For Sale - House - 2,862 sq.feet - 4 bedrooms - 3 bathrooms
This to-be-built home is the preston plan by pulte homes, and is located in the community of the broadmoor heights peak. This single family plan home is priced...
4 Bed, 3 Bath New Home Plan In Rio Rancho, Nm
 28
4 Bed, 3 Bath New Home Plan In Rio Rancho, Nm
$448,990
Rio Rancho, New Mexico - For Sale - House - 3,446 sq.feet - 4 bedrooms - 4 bathrooms
This to-be-built home is the starwood plan by pulte homes, and is located in the community of the broadmoor heights peak. This single family plan home is...
3 Bed, 2 Bath New Home Plan In Rio Rancho, Nm
 16
3 Bed, 2 Bath New Home Plan In Rio Rancho, Nm
$375,990
Rio Rancho, New Mexico - For Sale - House - 2,189 sq.feet - 3 bedrooms - 2 bathrooms
This to-be-built home is the stella plan by pulte homes, and is located in the community of the broadmoor heights peak. This single family plan home is priced...