The prices in real estate in Lennox, 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 Lennox has increased strongly during the last 6 months. In November, the average price per sq.feet was $264. In December this price pretty much remained the same at a value of $254 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 202 %. The price per sq.feet has had a considerable increase of 285 % 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 $391 to $1,115.5 during March, and April.
Based upon to the price in Lennox (cities), these have remained the same in the last 6 months. The average price for November is $463,551. During December the price had a slight fall till $416,063. During the following two months (January, February) the price has had an average incrementation from $439,807 to $501,589.5. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 88 %, going from $470,698.25 to $412,229 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $425,417 they are 58 % more affordable than the average price for Lennox. The properties with the lowest average price have 4 bedrooms, Their price is 11 % cheaper than the average. After that we have properties with 3 bedrooms priced at $213,782.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $60 / sq.feet, with an average $297 / sq.feet price in Lennox. The properties with the lowest average prices have 4 bedrooms. They are 48 % cheaper than the average followed by properties with 2 bedrooms with a price at $88 / sq.feet.
With regard to the average price based upon the property in Lennox we can see that the cheapest property type is "House" at a price of $424,083, they are 0 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 0 % more affordable 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 $224 / sq.feet. "House" with an average cost of $224 / sq.feet has the lowest price and would be directed at less affluent cities.