Property prices for sale in Island Falls (Maine)
The prices in real estate in Island Falls, in the Maine region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Island Falls has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $926. In the following month the price per sq.feet increased to $1,050. The price for the following two months in (January, February) had a considerable decrease of 34 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 75 % 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 $661.5 to $493 during March, and April.
Based upon to the price in Island Falls (cities), this has gone up considerably in the last 6 months. The average price for November is $238,525. During December the price had a considerable reduction till $180,900. During the following two months (January, February) the average price had a considerable increase of 157 % 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 gone up 112 % during the last two months.
