The prices in real estate in Burnham, in the Maine region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Burnham has remained the same in the last 6 months. In October, the average price per sq.feet was $206. In the following month the price per sq.feet increased considerably to $319. The price for the following two months in (December, January) had a considerable decrease of 63 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 80 % 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 $213.5 to $171 during February, and March.
Based upon to the price in Burnham (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $181,114. During November the price went through a considerable rise reaching $235,311. During the following two months (December, January) the average price had a considerable increase of 125 % 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 138 % during the last two months.