The prices in real estate in Yankton, 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 Yankton has increased strongly during the last 6 months. In October, the average price per sq.feet was $3,619. In the following month the price per sq.feet decreased considerably to $1,946. The price for the following two months in (December, January) had a considerable decrease of 6 with regard to the prior two months. The price per sq.feet has had a considerable increase of 1123 % 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 $1,478 to $16,602 during February, and March.
Based upon to the price in Yankton (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $298,479. In November This price remains at $288,463. During the following two months (December, January) the average price had a considerable increase of 132 % 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 $339,989.75 to $240,677.5, which means a 71 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the most costly ones. At a price of $245,204 they are 17 % more expensive than the average price for Yankton. Following this ranking we find those properties with 1 at an average price of $287,282. The properties with the highest average price have 1 bedroom, Their price is 17 % more costly than the average. After that we have properties with 4 bedrooms priced at $285,846.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $97 / sq.feet, with an average $16,588 / sq.feet price in Yankton. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 4 bedrooms with a price at $97 / sq.feet.
With regard to the average price based upon the property in Yankton we can see that most expensive property type is "Condo" at a price of $285,846, they are 17 % more costly than the average price of (!PRECIO2!). "Condo" has the highest price. This price is 17 % more expensive than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Condo with an average price of $97 / sq.feet. "Condo" with an average cost of $97 / sq.feet has the lowest price and would be directed at less affluent cities.