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.
The price per sq.feet in Hermosa has increased strongly during the last 6 months. In October, the average price per sq.feet was $8,488. In the following month the price per sq.feet increased considerably to $17,721. The price for the following two months in (December, January) had a considerable increment of 235 %. The price per sq.feet has had a considerable deflation of 77 % 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 $21,965.75 to $16,880.5 during February, and March.
Based upon to the price in Hermosa (cities), this has gone downing the last 6 months. The average price for October is $673,734. During November the price had a considerable reduction till $542,863. During the following two months (December, January) the average price had a considerable reduction of 63 % 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 185 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $656,238 they are 41 % more expensive than the average price for Hermosa. Following this ranking we find those properties with 2 at an average price of $1,090,406. The properties with the highest average price have 4 bedrooms, Their price is 102 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,231,711.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $274 / sq.feet, with an average $11,862 / sq.feet price in Hermosa. The properties with the lowest average prices have 2 bedrooms. They are 92 % cheaper than the average followed by properties with 1 bedroom with a price at $957 / sq.feet.
With regard to the average price based upon the property in Hermosa we can see that most expensive property type is "House" at a price of $936,003, they are 43 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 43 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "House with an average price of $446 / sq.feet. "House" with an average cost of $446 / sq.feet has the lowest price and would be directed at less affluent cities.
