The prices in real estate in Cape Elizabeth, 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 Cape Elizabeth has remained the same in the last 6 months. In January, the average price per sq.feet was $369. In the following month the price per sq.feet decreased to $341. The price for the following two months in (March, April) decreased 93 % with regard to the prior two months. The price per sq.feet has had a considerable increase of 127 % 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 $343.25 to $434.5 during May, and June.
Based upon to the price in Cape Elizabeth (cities), this has gone up in the last 6 months. The average price for January is $1,641,073. During February the price had a considerable reduction till $1,335,580. During the following two months (March, April) the price has had an average incrementation from $1,488,326.5 to $1,674,111. Based on an analysis of the first four prices and the last two months the average price has risen strongly 134 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 3 % cheaper than the average price of $2,201,123 in Cape Elizabeth. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 3 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 6 % cheaper than the average price of ($434 / sq.feet) in Cape Elizabeth. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 6 % cheaper than the average value aforementioned.
With regard to the average price based upon the property in Cape Elizabeth we can see that the cheapest property type is "Condo" at a price of $2,201,123, they are 3 % more affordable than the average price of (!PRECIO2!). "Condo" has the lowest price. This price is 3 % more affordable than the average price aforementioned.
According to the average area cost by sq.feet the cheapest property type is "Condo with an average price of $434 / sq.feet. "Condo" with an average cost of $434 / sq.feet has the lowest price and would be directed at less affluent cities.