The prices in real estate in Kittery, 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 Kittery has increased strongly during the last 6 months. In May, the average price per sq.feet was $301. In June this price pretty much remained the same at a value of $313 per sq.feet. The price for the following two months in (July, August) had a considerable increment of 263 %. The price per sq.feet has had a considerable deflation of 47 % 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 $557.25 to $260.5 during September, and October.
Based upon to the price in Kittery (cities), this has gone downing the last 6 months. In our first sample month during May, the average price is $617,752. In June This price remains at $643,888. During the following two months (July, August) the average price fell 89 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 85 %, going from $594,819.25 to $507,587 in September and October.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $508,335 they are 4 % more affordable than the average price for Kittery. The properties with the highest average price have 1 bedroom, Their price is 33 % more costly than the average. After that we have properties with 2 bedrooms priced at $488,516.
With regard to the average price per sq.feet , those properties with 1 bedroom are the most costly ones at a cost of $277 / sq.feet, with an average $272 / sq.feet price in Kittery. The properties with the highest average prices have 2 bedrooms. They are 14 % more expensive than the average followed by properties with 1 bedroom with a price at $277 / sq.feet.
With regard to the average price based upon the property in Kittery we can see that the cheapest property type is "House" at a price of $488,516, they are 4 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 4 % more affordable than the average price aforementioned.
According to the average area price by sq.feet the most costly property type is "House with an average price of $310 / sq.feet. "House" at an average price of $310 / sq.feet has the most expensive price and would be directed at more affluent cities.