The prices in real estate in Keystone, 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 Keystone has increased strongly during the last 6 months. In January, the average price per sq.feet was . In the following month the price per sq.feet increased considerably to $371. The price for the following two months in (March, April) had a considerable increment of 158 %. The price per sq.feet has increased 107 % 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 $239.75 to $255.5 during May, and June.
Based upon to the price in Keystone (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during January, is . During February the price went through a considerable rise reaching $598,400. During the following two months (March, April) the average price had a considerable increase of 167 % 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 176 % 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 $848,580 they are 85 % more affordable than the average price for Keystone. The properties with the lowest average price have 2 bedrooms, Their price is 32 % cheaper than the average. After that we have properties with 1 bedroom priced at $131,075.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $190 / sq.feet, with an average $252 / sq.feet price in Keystone. The properties with the highest average prices have 1 bedroom. They are 19 % more expensive than the average followed by properties with 2 bedrooms with a price at $190 / sq.feet.
With regard to the average price based upon the property in Keystone we can see that the cheapest property type is "Land" at a price of $579,455, they are 32 % more affordable than the average price of (!PRECIO2!). "Land" has the lowest price. This price is 32 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Land with an average price of $190 / sq.feet. "Land" with an average cost of $190 / sq.feet has the lowest price and would be directed at less affluent cities.