The prices in real estate in Hermann, in the Missouri 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 Hermann has increased strongly during the last 6 months. In November, the average price per sq.feet was $354. In December this price pretty much remained the same at a value of $366 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 215 %. The price per sq.feet has had a considerable deflation of 84 % 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 $566.75 to $475 during March, and April.
Based upon to the price in Hermann (cities), this has gone up in the last 6 months. The price in November is $336,902, rising in December till $386,899. In the following two months the average price has remained the same with regard to the previous two months from $361,900.5 to $367,224.5. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $364,562.5 and $349,341 between March and April.