The prices in real estate in De Smet, in the South Dakota region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in De Smet has remained the same in the last 6 months. In November, the average price per sq.feet was $6,516. In the following month the price per sq.feet decreased considerably to $238. The price for the following two months in (January, February) had a considerable increment of 174 %. The price per sq.feet has had a considerable increase of 224 % 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 $4,630.25 to $10,383 during March, and April.
Based upon to the price in De Smet (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during November, is $297,622. During December the price went through a considerable rise reaching $474,950. During the following two months (January, February) the average price had a considerable reduction of 38 % 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 $266,533 to $247,463.5 in March and April.