Property prices for sale in Hallowell (Maine)

The prices in real estate in Hallowell, 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.

$459,233.33
Average price last 6 months
$1,259.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Hallowell has increased strongly during the last 6 months. In November, the average price per sq.feet was $595. In the following month the price per sq.feet decreased considerably to $246. The price for the following two months in (January, February) had a considerable increment of 460 %. The price per sq.feet has had a considerable increase of 121 % 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 $1,176.75 to $1,425 during March, and April.

Average price

Based upon to the price in Hallowell (cities), this has fallen considerably in the last 6 months. The average price for November is $526,626. During December the price had a slight fall till $486,193. During the following two months (January, February) the average price fell 88 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 89 %, going from $476,923.25 to $423,853.5 in March and April.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $402,738 they are 35 % more affordable than the average price for Hallowell. Based on the bedrooms values, properties with the highest prices are those with 2 bedrooms. They are 33 % more expensive than the average aforementioned.

With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $220 / sq.feet, with an average $292 / sq.feet price in Hallowell. Properties with the most expensive price based upon to the number of bedrooms / sq.feet are those with 2 bedrooms. They are 24 % more costly than the average value aforementioned.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Hallowell
Number of properties used in region Maine
$402,738
$292
300
93,168
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value