The prices in real estate in Flandreau, 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 Flandreau has increased strongly during the last 6 months. In November, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $156. In the following two months the price per sq.feet has barely changed, going from $78 to $75 per sq.feet. The price per sq.feet has had a considerable increase of 192 % 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 $76.5 to $147 during March, and April.
Based upon to the price in Flandreau (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is . During December the price went through a considerable rise reaching $340,580. In the following two months the average price has remained the same with regard to the previous two months from $170,290 to $164,064.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 165 % during the last two months.