The prices in real estate in Boothbay, 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 Boothbay has increased strongly during the last 6 months. In October, the average price per sq.feet was $395. In the following month the price per sq.feet increased considerably to $2,423. The price for the following two months in (December, January) had a considerable decrease of 24 with regard to the prior two months. The price per sq.feet has had a considerable increase of 1934 % 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 $871.75 to $16,859.5 during February, and March.
Based upon to the price in Boothbay (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $768,475. During November the price went through a considerable rise reaching $1,005,600. During the following two months (December, January) the average price had a considerable reduction of 82 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 124 % during the last two months.