Property prices for sale in Hermosa (South Dakota)

The prices in real estate in Hermosa, 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.

$1,266,866.33
Average price last 6 months
$1,187.33
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Hermosa has increased strongly during the last 6 months. In November, the average price per sq.feet was $258. In the following month the price per sq.feet decreased to $242. The price for the following two months in (January, February) had a considerable increment of 1166 %. The price per sq.feet has had a considerable deflation of 25 % 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 $1,583 to $396 during March, and April.

Average price

Based upon to the price in Hermosa (cities), this has gone up considerably in the last 6 months. In our first sample month during November, the average price is $1,042,686. In December This price remains at $1,038,450. During the following two months (January, February) the average price had a considerable increase of 130 % 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 118 % during the last two months.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,222,685 they are 22 % more affordable than the average price for Hermosa. The properties with the highest average price have 4 bedrooms, Their price is 11 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,260,395.

With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $297 / sq.feet, with an average $381 / sq.feet price in Hermosa. The properties with the highest average prices have 2 bedrooms. They are 158 % more expensive than the average followed by properties with 1 bedroom with a price at $980 / sq.feet.

Price per property type

With regard to the average price based upon the property in Hermosa we can see that the cheapest property type is "House" at a price of $957,802, they are 22 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 22 % more affordable than the average price aforementioned.

According to the average area price by sq.feet the most costly property type is "House with an average price of $469 / sq.feet. "House" at an average price of $469 / sq.feet has the most expensive price and would be directed at more affluent cities.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Hermosa
Number of properties used in region South Dakota
$1,222,685
$381
86
11,676
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value