The prices in real estate in Edgecomb, in the Maine region have had a minor fall in the last couple of months. The real estate prices for second hand homes have fallen in this city
The price per sq.feet in Edgecomb has fallen in the last 6 months. In October, the average price per sq.feet was $441. In the following month the price per sq.feet decreased considerably to $268. In the following two months the price per sq.feet has increased 105 %, going from $354.5 to $372.5 per sq.feet. The price per sq.feet has had a considerable increase of 137 % 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 $363.5 to $499 during February, and March.
Based upon to the price in Edgecomb (cities), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $381,000. In November This price remains at $377,375. During the following two months (December, January) the average price had a considerable reduction of 75 % 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 $330,942.75 to $252,893, which means a 76 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 16 % cheaper than the average price of $198,125 in Edgecomb. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 16 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 6 % more costly than the average price of ($534 / sq.feet) in Edgecomb. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 6 % more costly than the average value aforementioned.