Property prices for sale in Kennebunk (Maine)
The prices in real estate in Kennebunk, 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 Kennebunk has had a strong decrease during the last 6 months. In July, the average price per sq.feet was $1,108. In the following month the price per sq.feet increased considerably to $1,411. The price for the following two months in (September, October) had a considerable decrease of 47 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 26 % 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 $928.25 to $243 during November, and December.
Based upon to the price in Kennebunk (cities), this has gone up considerably in the last 6 months. The price in July is $452,121, rising in August till $503,560. In the following two months the average price has remained the same with regard to the previous two months from $477,840.5 to $486,343. Based on an analysis of the first four prices and the last two months the average price has risen strongly 209 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $1,124,538 they are 76 % more affordable than the average price for Kennebunk. The properties with the lowest average price have 4 bedrooms, Their price is 20 % cheaper than the average. After that we have properties with 3 bedrooms priced at $468,998.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $236 / sq.feet, with an average $236 / sq.feet price in Kennebunk. The properties with the highest average prices have 4 bedrooms. They are 909 % more expensive than the average followed by properties with 2 bedrooms with a price at $304 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $1,124,538 it is 82 % cheaper than the average price in Kennebunk. "Land" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $377,586 it is 38 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $233 / sq.feet followed by "House" priced at $291 / sq.feet. "Townhouse" is the most costly type of property with a $1,423 / sq.feet cost followed by "Land" with an average price of $859 / sq.feet.
