Property prices for sale in Lewiston (Maine)
The prices in real estate in Lewiston, 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 Lewiston has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,166. In the following month the price per sq.feet decreased considerably to $603. The price for the following two months in (December, January) had a considerable decrease of 46 with regard to the prior two months. The price per sq.feet has had a considerable increase of 154 % 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 $644.75 to $990 during February, and March.
Based upon to the price in Lewiston (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $324,795. In November This price remains at $333,984. In the following two months the average price has remained the same with regard to the previous two months from $329,389.5 to $326,897. 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 $328,143.25 and $339,273.5 between February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $352,502 they are 35 % more affordable than the average price for Lewiston. The properties with the highest average price have 4 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 3 bedrooms priced at $345,049.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $248 / sq.feet, with an average $1,472 / sq.feet price in Lewiston. The properties with the highest average prices have 4 bedrooms. They are 10 % more expensive than the average followed by properties with 3 bedrooms with a price at $422 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $352,502 it is 58 % cheaper than the average price in Lewiston. "House" is seen as the second most affordable property type. The dearest property type is "Land" followed by "House". At a price of $336,070 it is 46 % 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 $126 / sq.feet followed by "House" priced at $816 / sq.feet. "Land" is the most costly type of property with a $22,182 / sq.feet cost followed by "House" with an average price of $816 / sq.feet.
