The prices in real estate in Dickinson, in the North 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 Dickinson has increased strongly during the last 6 months. In October, the average price per sq.feet was $437. In the following month the price per sq.feet decreased considerably to $159. The price for the following two months in (December, January) had a considerable increment of 8798 %. The price per sq.feet has had a considerable increase of 127 % 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 $13,257.75 to $16,903 during February, and March.
Based upon to the price in Dickinson (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $305,925. In November This price remains at $305,514. During the following two months (December, January) the average price had a considerable increase of 116 % 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 131 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $425,110 they are 80 % more affordable than the average price for Dickinson. The properties with the lowest average price have 4 bedrooms, Their price is 2 % cheaper than the average. After that we have properties with 3 bedrooms priced at $321,051.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $68 / sq.feet, with an average $8,314 / sq.feet price in Dickinson. The properties with the lowest average prices have 4 bedrooms. They are 98 % cheaper than the average followed by properties with 3 bedrooms with a price at $152 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $425,110 it is 80 % cheaper than the average price in Dickinson. "Duplex" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $354,217 it is 44 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Duplex" at an average cost of $24 / sq.feet followed by "Condo" priced at $45 / sq.feet. "Land" is the most costly type of property with a $111,093 / sq.feet cost followed by "House" with an average price of $164 / sq.feet.