Real estate prices are occasionally measured by the price per square foot. This allows for a better comparison between differently priced homes as well as homes of different sizes. In this pricing measurement method, the sale price of a home is divided by its area. For example, a home that sold for $300,000 and has 2,000 square feet would have a price per square foot of $150.
Researching the price per square foot for Stillwater homes over the past year shows the following information:
| month - year | $/sq.ft. | units sold |
| April 2008 | 134.84 | 19 |
| March 2008 | 150.20 | 20 |
| February 2008 | 152.88 | 16 |
| January 2008 | 131.44 | 16 |
| December 2007 | 133.80 | 15 |
| November 2007 | 127.90 | 20 |
| October 2007 | 164.12 | 25 |
| September 2007 | 154.25 | 24 |
| August 2007 | 160.21 | 38 |
| July 2007 | 151.22 | 41 |
| June 2007 | 146.37 | 30 |
| May 2007 | 162.97 | 31 |
| April 2007 | 186.90 | 31 |
Over the course of 1 year, this averages to $163.09. The same search resulted in 287 active listings asking an average of $177.90 per square foot. Of those listings, 148 are below and 139 are above the average. Going back to the example home of 2,000 sq ft, the difference of $14.81 ($177.90 - $163.09) results in $29,620.
Note: A few listings were discarded because they report having only 1 square foot or really distort the results because of their high listing price.
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