Property prices for sale in Auburn (Maine)
The prices in real estate in Auburn, in the Maine 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 Auburn has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,057. In November this price pretty much remained the same at a value of $1,095 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 33 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 82 % 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 $715.5 to $584.5 during February, and March.
Based upon to the price in Auburn (cities), this has gone up in the last 6 months. The price in October is $307,394, rising in November till $326,971. During the following two months (December, January) the price has had an average incrementation from $317,182.5 to $335,495. Based on an analysis of the first four prices and the last two months the average price has gone up 109 % 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 $356,697 they are 58 % more affordable than the average price for Auburn. The properties with the highest average price have 4 bedrooms, Their price is 12 % more costly than the average. After that we have properties with 3 bedrooms priced at $352,854.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $364 / sq.feet, with an average $828 / sq.feet price in Auburn. The properties with the lowest average prices have 4 bedrooms. They are 3 % cheaper than the average followed by properties with 3 bedrooms with a price at $468 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $356,697 it is 23 % cheaper than the average price in Auburn. "House" is seen as the second most affordable property type. The dearest property type is "Apartment" followed by "Land". At a price of $402,160 it is 21 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $168 / sq.feet followed by "Condo" priced at $329 / sq.feet. "Land" is the most costly type of property with a $20,381 / sq.feet cost followed by "House" with an average price of $368 / sq.feet.
