The prices in real estate in Stoughton, in the Wisconsin 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 Stoughton has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,368. In the following month the price per sq.feet increased considerably to $1,657. The price for the following two months in (December, January) had a considerable decrease of 17 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 30 % 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 $883.5 to $262.5 during February, and March.
Based upon to the price in Stoughton (cities), this has gone up in the last 6 months. The price in October is $390,332, rising in November till $419,516. In the following two months the average price has remained the same with regard to the previous two months from $404,924 to $409,621.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 117 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $478,948 they are 69 % more affordable than the average price for Stoughton. The properties with the highest average price have 4 bedrooms, Their price is 0 % more costly than the average. After that we have properties with 3 bedrooms priced at $459,520.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $178 / sq.feet, with an average $265 / sq.feet price in Stoughton. The properties with the lowest average prices have 3 bedrooms. They are 8 % cheaper than the average followed by properties with 4 bedrooms with a price at $218 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $478,948 it is 39 % cheaper than the average price in Stoughton. "Land" is seen as the second most affordable property type. The cheapest type property is "Detached House" followed by "House". At a price of $431,594 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $224 / sq.feet followed by "Detached House" priced at $256 / sq.feet. "Land" is the most costly type of property with a $45,045 / sq.feet cost followed by "Condo" with an average price of $314 / sq.feet.