Property prices for sale in Belfast (Maine)
The prices in real estate in Belfast, in the Maine 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 Belfast has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,184. In November this price pretty much remained the same at a value of $1,228 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 208 %. The price per sq.feet has had a considerable increase of 186 % 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 $1,860.25 to $3,461 during February, and March.
Based upon to the price in Belfast (cities), this has fallen considerably in the last 6 months. The average price for October is $587,530. During November the price had a considerable reduction till $498,148. During the following two months (December, January) the average price fell 94 % 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 $525,789.25 to $383,762.5, which means a 73 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $354,299 they are 33 % more affordable than the average price for Belfast. The properties with the highest average price have 4 bedrooms, Their price is 74 % more costly than the average. After that we have properties with 3 bedrooms priced at $341,374.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $208 / sq.feet, with an average $3,796 / sq.feet price in Belfast. The properties with the lowest average prices have 2 bedrooms. They are 62 % cheaper than the average followed by properties with 3 bedrooms with a price at $974 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $354,299 it is 73 % cheaper than the average price in Belfast. "House" is seen as the second most affordable property type. The dearest property type is "Condo" followed by "House". At a price of $440,296 it is 24 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $638 / sq.feet followed by "Condo" priced at $3,757 / sq.feet. "Land" is the most costly type of property with a $38,869 / sq.feet cost followed by "Condo" with an average price of $3,757 / sq.feet.
