The prices in real estate in Sturgis, 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 Sturgis has increased strongly during the last 6 months. In January, the average price per sq.feet was $155. In the following month the price per sq.feet increased considerably to $1,926. The price for the following two months in (March, April) had a considerable increment of 191 %. The price per sq.feet has had a considerable deflation of 73 % 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 $1,515.5 to $1,101.5 during May, and June.
Based upon to the price in Sturgis (cities), this has fallen considerably in the last 6 months. The average price for January is $538,634. During February the price had a considerable reduction till $361,427. During the following two months (March, April) the average price had a considerable reduction of 83 % with regard to the previous two months. 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 $412,379.5 and $398,383 between May and June.
The graph showing the average price for bedrooms displays the property with the most expensive price has 1 bedroom. It is 24 % more costly than the average price of $491,352 in Sturgis. Based on the bedrooms values, properties with the highest prices are those with 1 bedroom. They are 24 % more expensive than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 43 % cheaper than the average price of ($768 / sq.feet) in Sturgis. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 43 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most costly one. At an cost of $395,304 it is 24 % more expensive than the average price in Sturgis. "Commercial" is seen as the second dearest property type. The dearest property type is "Commercial" followed by "House". At a price of $491,352 it is 216 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $306 / sq.feet followed by "House" priced at $768 / sq.feet. "House" is the cheapest type of property with a $768 / sq.feet value followed by "Commercial" with an average price of $306 / sq.feet.