The prices in real estate in Lemmon, in the South Dakota region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Lemmon has fallen in the last 6 months. In October, the average price per sq.feet was $419. In the following month the price per sq.feet decreased considerably to $246. The price for the following two months in (December, January) had a considerable increment of 152 %. The price per sq.feet has had a considerable deflation of 72 % 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 $419.5 to $300 during February, and March.
Based upon to the price in Lemmon (cities), this has fallen considerably in the last 6 months. The average price for October is $734,129. During November the price had a considerable reduction till $360,188. During the following two months (December, January) the average price had a considerable increase of 133 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $637,912.5 to $498,269, which means a 78 % fall.