The prices in real estate in Belle Fourche, in the South Dakota 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 Belle Fourche has increased strongly during the last 6 months. In October, the average price per sq.feet was $903. In the following month the price per sq.feet increased considerably to $2,280. The price for the following two months in (December, January) had a considerable increment of 125 %. The price per sq.feet has had a considerable increase of 366 % 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 $1,787.25 to $6,535 during February, and March.
Based upon to the price in Belle Fourche (cities), this has gone downing the last 6 months. The average price for October is $325,875. During November the price had a slight fall till $305,589. During the following two months (December, January) the average price fell 87 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $295,302 to $274,534.5 in February and March.
The graph showing the average price for bedrooms displays the property with the most expensive price has 3 bedrooms. It is 15 % more costly than the average price of $314,614 in Belle Fourche. Based on the bedrooms values, properties with the highest prices are those with 3 bedrooms. They are 15 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 3 bedrooms are 92 % cheaper than the average price of ($502 / sq.feet) in Belle Fourche. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 3 bedrooms. They are 92 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Belle Fourche we can see that most expensive property type is "Land" at a price of $314,614, they are 15 % more costly than the average price of (!PRECIO2!). "Land" has the highest price. This price is 15 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Land with an average price of $502 / sq.feet. "Land" with an average cost of $502 / sq.feet has the lowest price and would be directed at less affluent cities.