The prices in real estate in Carmel, 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 Carmel has increased strongly during the last 6 months. In October, the average price per sq.feet was $204. In November this price pretty much remained the same at a value of $201 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 261 %. The price per sq.feet has had a considerable increase of 2911 % 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 $366 to $10,653.5 during February, and March.
Based upon to the price in Carmel (cities), this has fallen considerably in the last 6 months. The price in October is $421,679, rising in November till $466,622. 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 $397,380.25 to $252,055, which means a 63 % fall.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $173,750 they are 12 % more affordable than the average price for Carmel. The properties with the highest average price have 1 bedroom, Their price is 22 % more costly than the average. After that we have properties with 2 bedrooms priced at $152,660.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $71 / sq.feet, with an average $19,990 / sq.feet price in Carmel. The properties with the lowest average prices have 1 bedroom. They are 99 % cheaper than the average followed by properties with 2 bedrooms with a price at $71 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $173,750 it is 12 % cheaper than the average price in Carmel. "Land" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $152,660 it is 8 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Land" at an average cost of $53 / sq.feet followed by "House" priced at $71 / sq.feet. "House" is the cheapest type of property with a $71 / sq.feet value followed by "Land" with an average price of $53 / sq.feet.