The prices in real estate in Kennebunkport, 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.
The price per sq.feet in Kennebunkport has increased strongly during the last 6 months. In February, the average price per sq.feet was $506. In the following month the price per sq.feet increased to $546. The price for the following two months in (April, May) had a considerable increment of 3006 %. The price per sq.feet has had a considerable deflation of 44 % 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 $8,169 to $3,618.5 during June, and July.
Based upon to the price in Kennebunkport (cities), this has gone up considerably in the last 6 months. In our first sample month during February, the average price is $1,279,790. In March This price remains at $1,342,855. In the following two months the average price has remained the same with regard to the previous two months from $1,311,322.5 to $1,376,822.5. Based on an analysis of the first four prices and the last two months the average price has risen strongly 284 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 85 % cheaper than the average price of $408,538 in Kennebunkport. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 85 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 46 % cheaper than the average price of ($944 / sq.feet) in Kennebunkport. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 46 % cheaper than the average value aforementioned.