The prices in real estate in Stewartville, in the Minnesota 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 Stewartville has increased strongly during the last 6 months. In October, the average price per sq.feet was $117. In the following month the price per sq.feet increased to $131. In the following two months the price per sq.feet has increased 105 %, going from $124 to $130.5 per sq.feet. The price per sq.feet has had a considerable increase of 116 % 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 $127.25 to $147 during February, and March.
Based upon to the price in Stewartville (cities), this has gone up in the last 6 months. The price in October is $209,328, rising in November till $240,412. In the following two months the average price has remained the same with regard to the previous two months from $224,870 to $234,950. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 94 %, going from $229,910 to $217,024.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $208,688 they are 23 % more affordable than the average price for Stewartville. The properties with the highest average price have 3 bedrooms, Their price is 68 % more costly than the average. After that we have properties with 4 bedrooms priced at $255,490.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $94 / sq.feet, with an average $145 / sq.feet price in Stewartville. The properties with the lowest average prices have 2 bedrooms. They are 12 % cheaper than the average followed by properties with 3 bedrooms with a price at $122 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $208,688 it is 34 % cheaper than the average price in Stewartville. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $137,379 it is 22 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Townhouse" at an average cost of $56 / sq.feet followed by "House" priced at $94 / sq.feet. "House" is the cheapest type of property with a $94 / sq.feet value followed by "Townhouse" with an average price of $56 / sq.feet.