Property prices for sale in Lead (South Dakota)
The prices in real estate in Lead, 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 Lead has increased strongly during the last 6 months. In October, the average price per sq.feet was $3,545. In the following month the price per sq.feet increased to $4,055. In the following two months the price per sq.feet has barely changed, going from $3,800 to $3,649.5 per sq.feet. The price per sq.feet has had a considerable increase of 153 % 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 $3,724.75 to $5,706.5 during February, and March.
Based upon to the price in Lead (cities), these have remained the same in the last 6 months. The average price for October is $754,519. During November the price had a slight fall till $706,600. In the following two months the average price has remained the same with regard to the previous two months from $730,559.5 to $726,576.5. 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 $728,568 and $757,648.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $748,811 they are 62 % more affordable than the average price for Lead. The properties with the lowest average price have 1 bedroom, Their price is 18 % cheaper than the average. After that we have properties with 4 bedrooms priced at $423,564.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $270 / sq.feet, with an average $5,459 / sq.feet price in Lead. The properties with the lowest average prices have 2 bedrooms. They are 57 % cheaper than the average followed by properties with 4 bedrooms with a price at $1,478 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $748,811 it is 90 % cheaper than the average price in Lead. "Townhouse" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Commercial". At a price of $290,733 it is 41 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $35 / sq.feet followed by "Commercial" priced at $80 / sq.feet. "House" is the cheapest type of property with a $400 / sq.feet value followed by "Land" with an average price of $229 / sq.feet.
