The prices in real estate in Chamberlain, in the South Dakota region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Chamberlain has fallen in the last 6 months. In November, the average price per sq.feet was $212. In December this price pretty much remained the same at a value of $220 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 63 with regard to the prior two months. The price per sq.feet has had a considerable increase of 132 % 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 $176.5 to $233.5 during March, and April.
Based upon to the price in Chamberlain (cities), these have remained the same in the last 6 months. The price in November is $278,525, rising in December till $296,040. During the following two months (January, February) the average price had a considerable reduction of 68 % 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 133 % during the last two months.