The prices in real estate in Stanwood, in the Michigan region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Stanwood has had a strong decrease during the last 6 months. In June, the average price per sq.feet was $1,083. In the following month the price per sq.feet increased considerably to $1,477. The price for the following two months in (August, September) had a considerable decrease of 40 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 11 % 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 $894 to $96 during October, and November.
Based upon to the price in Stanwood (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during June, is $152,450. During July the price went through a considerable rise reaching $211,418. During the following two months (August, September) the average price had a considerable increase of 134 % 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 126 % during the last two months.