The prices in real estate in Stewartville, in the Minnesota 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 Stewartville has had a strong decrease during the last 6 months. In May, the average price per sq.feet was $124. In the following month the price per sq.feet decreased to $114. The price for the following two months in (July, August) had a considerable decrease of 53 with regard to the prior two months. The price per sq.feet has increased 115 % 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 $91 to $104.5 during September, and October.
Based upon to the price in Stewartville (cities), this has fallen considerably in the last 6 months. The average price during our first sample month during May, is $300,967. During June the price went through a considerable rise reaching $391,474. During the following two months (July, August) the average price had a considerable reduction of 42 % 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 $245,504 to $182,993.5, which means a 75 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $209,328 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 $256,774.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $99 / sq.feet, with an average $117 / sq.feet price in Stewartville. The properties with the highest average prices have 2 bedrooms. They are 9 % more expensive than the average followed by properties with 1 bedroom with a price at $114 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $209,328 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 $138,070 it is 23 % 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 $61 / sq.feet followed by "House" priced at $99 / sq.feet. "House" is the cheapest type of property with a $99 / sq.feet value followed by "Townhouse" with an average price of $61 / sq.feet.