The prices in real estate in Blue Hill, 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 Blue Hill has increased strongly during the last 6 months. In October, the average price per sq.feet was $340. In November this price pretty much remained the same at a value of $329 per sq.feet. The price for the following two months in (December, January) had a considerable decrease of 81 with regard to the prior two months. The price per sq.feet has had a considerable increase of 2046 % 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 $303 to $6,199 during February, and March.
Based upon to the price in Blue Hill (cities), this has fallen considerably in the last 6 months. The average price for October is $943,079. During November the price had a considerable reduction till $703,575. During the following two months (December, January) the average price had a considerable reduction of 79 % 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 $735,300.25 to $561,752, which means a 76 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 9 % cheaper than the average price of $475,000 in Blue Hill. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 9 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 93 % cheaper than the average price of ($317 / sq.feet) in Blue Hill. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 93 % cheaper than the average value aforementioned.