The prices in real estate in Lisbon, 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 Lisbon has increased strongly during the last 6 months. In December, the average price per sq.feet was $147. In the following month the price per sq.feet decreased to $138. The price for the following two months in (February, March) had a considerable increment of 133 %. The price per sq.feet has increased 112 % 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 $166 to $185.5 during April, and May.
Based upon to the price in Lisbon (cities), this has gone up considerably in the last 6 months. The price in December is $248,249, rising in January till $274,313. During the following two months (February, March) the average price had a considerable increase of 119 % with regard to the previous two months. Based on an analysis of the first four prices and the last two months the average price has risen strongly 120 % 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 $320,482 they are 46 % more affordable than the average price for Lisbon. The properties with the lowest average price have 3 bedrooms, Their price is 1 % cheaper than the average. After that we have properties with 2 bedrooms priced at $216,804.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $95 / sq.feet, with an average $187 / sq.feet price in Lisbon. The properties with the lowest average prices have 1 bedroom. They are 28 % cheaper than the average followed by properties with 3 bedrooms with a price at $134 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $320,482 it is 62 % cheaper than the average price in Lisbon. "House" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Farm". At a price of $121,537 it is 35 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $39 / sq.feet followed by "House" priced at $105 / sq.feet. "House" is the cheapest type of property with a $105 / sq.feet value followed by "Farm" with an average price of $39 / sq.feet.