Property prices for sale in Bridgton (Maine)
The prices in real estate in Bridgton, 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 Bridgton has increased strongly during the last 6 months. In October, the average price per sq.feet was $1,372. In the following month the price per sq.feet decreased considerably to $824. In the following two months the price per sq.feet has barely changed, going from $1,098 to $1,118.5 per sq.feet. The price per sq.feet has had a considerable increase of 779 % 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 $1,108.25 to $8,634.5 during February, and March.
Based upon to the price in Bridgton (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $497,014. In November This price remains at $508,645. During the following two months (December, January) the average price fell 90 % 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 gone up 111 % 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 $534,767 they are 16 % more affordable than the average price for Bridgton. The properties with the highest average price have 3 bedrooms, Their price is 28 % more costly than the average. After that we have properties with 4 bedrooms priced at $578,286.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $899 / sq.feet, with an average $13,611 / sq.feet price in Bridgton. The properties with the lowest average prices have 2 bedrooms. They are 21 % cheaper than the average followed by properties with 1 bedroom with a price at $3,750 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $534,767 it is 29 % cheaper than the average price in Bridgton. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $422,286 it is 22 % 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 $266 / sq.feet followed by "House" priced at $2,506 / sq.feet. "Land" is the most costly type of property with a $133,941 / sq.feet cost followed by "House" with an average price of $2,506 / sq.feet.
