The prices in real estate in Yermo, in the California 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 Yermo has increased strongly during the last 6 months. In October, the average price per sq.feet was $160. In November this price pretty much remained the same at a value of $159 per sq.feet. In the following two months the price per sq.feet has increased 108 %, going from $159.5 to $172.5 per sq.feet. The price per sq.feet has had a considerable increase of 1403 % 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 $166 to $2,328.5 during February, and March.
Based upon to the price in Yermo (cities), this has gone up considerably in the last 6 months. The price in October is $196,475, rising in November till $207,454. During the following two months (December, January) the average price had a considerable increase of 167 % 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 122 % during the last two months.