The prices in real estate in Kennebunkport, 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 Kennebunkport has fallen in the last 6 months. In April, the average price per sq.feet was $4,044. In the following month the price per sq.feet increased to $4,282. The price for the following two months in (June, July) had a considerable decrease of 66 with regard to the prior two months. The price per sq.feet has had a considerable increase of 124 % 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 $3,448.25 to $4,275 during August, and September.
Based upon to the price in Kennebunkport (cities), this has gone up in the last 6 months. In our first sample month during April, the average price is $781,643. In May This price remains at $819,457. During the following two months (June, July) the price has had an average incrementation from $800,550 to $873,945.5. Based on an analysis of the first four prices and the last two months the average price has gone up 110 % 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 $885,056 they are 53 % more affordable than the average price for Kennebunkport. The properties with the highest average price have 4 bedrooms, Their price is 73 % more costly than the average. After that we have properties with 3 bedrooms priced at $1,029,846.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $1,994 / sq.feet, with an average $4,210 / sq.feet price in Kennebunkport. The properties with the highest average prices have 3 bedrooms. They are 93 % more expensive than the average followed by properties with 4 bedrooms with a price at $6,802 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $885,056 it is 50 % cheaper than the average price in Kennebunkport. "Land" is seen as the second most affordable property type. The dearest property type is "House" followed by "Townhouse". At a price of $665,143 it is 55 % 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 $1,796 / sq.feet followed by "Land" priced at $3,948 / sq.feet. "House" is the most costly type of property with a $6,875 / sq.feet cost followed by "Townhouse" with an average price of $5,543 / sq.feet.