Property prices for sale in Damariscotta (Maine)
The prices in real estate in Damariscotta, 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 Damariscotta has increased strongly during the last 6 months. In October, the average price per sq.feet was $218. In the following month the price per sq.feet increased considerably to $264. The price for the following two months in (December, January) had a considerable increment of 125 %. The price per sq.feet has had a considerable increase of 550 % 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 $271.5 to $1,493 during February, and March.
Based upon to the price in Damariscotta (cities), this has fallen considerably in the last 6 months. The average price for October is $882,846. During November the price had a considerable reduction till $435,344. During the following two months (December, January) the average price had a considerable reduction of 56 % 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 122 % during the last two months.
