The prices in real estate in Rolfe, in the Iowa 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 Rolfe has increased strongly during the last 6 months. In November, the average price per sq.feet was $106. In the following month the price per sq.feet increased considerably to $134. In the following two months the price per sq.feet has barely changed, going from $120 to $117.5 per sq.feet. The price per sq.feet has increased 114 % 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 $118.75 to $135 during March, and April.
Based upon to the price in Rolfe (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $191,000. During December the price went through a considerable rise reaching $254,950. During the following two months (January, February) the average price had a considerable increase of 137 % 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 173 % during the last two months.