The prices in real estate in Kennebunk, 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 Kennebunk has increased during the last 6 months. In February, the average price per sq.feet was $274. In March this price pretty much remained the same at a value of $278 per sq.feet. The price for the following two months in (April, May) had a considerable increment of 117 %. The price per sq.feet has increased 109 % 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 $299.25 to $325 during June, and July.
Based upon to the price in Kennebunk (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during February, is $522,270. During March the price went through a considerable rise reaching $763,600. In the following two months the average price has remained the same with regard to the previous two months from $642,935 to $669,122. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $656,028.5 and $681,627.5 between June and July.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $709,942 they are 72 % more affordable than the average price for Kennebunk. The properties with the lowest average price have 4 bedrooms, Their price is 1 % cheaper than the average. After that we have properties with 3 bedrooms priced at $512,689.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $244 / sq.feet, with an average $330 / sq.feet price in Kennebunk. The properties with the highest average prices have 1 bedroom. They are 51 % more expensive than the average followed by properties with 3 bedrooms with a price at $278 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $709,942 it is 73 % cheaper than the average price in Kennebunk. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $381,412 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $261 / sq.feet followed by "House" priced at $285 / sq.feet. "Townhouse" is the most costly type of property with a $1,385 / sq.feet cost followed by "Land" with an average price of $840 / sq.feet.