The prices in real estate in Deer Isle, in the Maine region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Deer Isle has increased during the last 6 months. In November, the average price per sq.feet was $273. In December this price pretty much remained the same at a value of $280 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $276.5 to $289.5 per sq.feet. The price per sq.feet has had a considerable increase of 123 % 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 $283 to $347.5 during March, and April.
Based upon to the price in Deer Isle (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $624,065. During December the price went through a considerable rise reaching $724,711. During the following two months (January, February) the price has had an average incrementation from $674,388 to $741,552. Based on an analysis of the first four prices and the last two months the average price has risen strongly 161 % during the last two months.