Property prices for sale in Orono (Maine)
The prices in real estate in Orono, in the Maine region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Orono has fallen in the last 6 months. In November, the average price per sq.feet was $376. In the following month the price per sq.feet decreased to $322. In the following two months the price per sq.feet has increased 110 %, going from $349 to $383.5 per sq.feet. The price per sq.feet has decreased 93 % 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 $366.25 to $339 during March, and April.
Based upon to the price in Orono (cities), this has fallen considerably in the last 6 months. The average price for November is $1,587,910. During December the price had a considerable reduction till $1,143,012. In the following two months the average price has remained the same with regard to the previous two months from $1,365,461 to $1,383,835. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $1,374,648 and $1,309,840.5 between March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,222,265 they are 99 % more affordable than the average price for Orono. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $443,562.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $18 / sq.feet, with an average $322 / sq.feet price in Orono. The properties with the lowest average prices have 4 bedrooms. They are 14 % cheaper than the average followed by properties with 3 bedrooms with a price at $235 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $1,222,265 it is 99 % cheaper than the average price in Orono. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $526,722 it is 10 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $13 / sq.feet followed by "Detached House" priced at $216 / sq.feet. "Land" is the most costly type of property with a $10,517 / sq.feet cost followed by "House" with an average price of $330 / sq.feet.
