Property prices for sale in Chebeague Island (Maine)

The price per sq.feet in Chebeague Island has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $561. In December this price pretty much remained the same at a value of $566 per sq.feet. The price for the following two months in (January, February) had a considerable decrease of 0 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 76 % 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 $281.75 to $214 during March, and April.

Based upon to the price in Chebeague Island (cities), this has fallen considerably in the last 6 months. The average price for November is $1,163,500. During December the price had a slight fall till $1,086,333. During the following two months (January, February) the average price had a considerable reduction of 0 % 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 $562,458.25 to $468,750, which means a 83 % fall.