The rent prices in real estate in Spearfish, in the South Dakota region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.
The price per sq.feet in Spearfish has risen strongly during the last 6 months. In September, the average price per sq.feet was $0.9. In October this price barely changed remaining at $0.9 per sq.feet. The price for the following two months in (November, December) had a considerable rise of 548 %. The price per sq.feet has had a considerable rise of 154 % 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 $2.91 to $4.5 during January, and February.
When referring to the price in Spearfish (cities), there have hardly been any changes in the last 6 months. The rent price in September is $1,007, rising in October till $1,101. During the following two months (November, December) the average price had a considerable fall of 79 % 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 increased 108 % during the last two months.
The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $943 they are 44 % more affordable than the average price for Spearfish . The properties with the lowest average price have 3 bedrooms, Their price is 18 % more affordable than the average. After that we have properties with 2 bedrooms priced at $705.
With regard to the average prices per sq.feet those properties with 3 bedrooms are 2147483647 % more expensive than the average price of ($1 / sq.feet) in Spearfish. Properties with the most expensive price when referring to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 2147483647 % more expensive than the average value aforementioned.
With regard to the average price based upon the property in Spearfish we can see that the most affordable property type is "House" at a price of $773, they are 18 % cheaper than the average price of (!PRECIO2!). "House" has the most affordable price. This price is 18 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most expensive property type is "House with an average cost of $1 / sq.feet. "House" at an average price of $1 / sq.feet has the highest price and would be directed at more affluent cities.