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 April, the average price per sq.feet was $75. In the following month the price per sq.feet increased considerably to $95. The price for the following two months in (June, July) had a considerable decrease of 75 with regard to the prior two months. The price per sq.feet has had a considerable increase of 170 % 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 $74.5 to $127 during August, and September.
Based upon to the price in Lisbon (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during April, is $127,249. During May the price went through a considerable rise reaching $160,999. During the following two months (June, July) the average price had a considerable reduction of 77 % 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 149 % 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 $192,850 they are 7 % more affordable than the average price for Lisbon. The properties with the highest average price have 3 bedrooms, Their price is 70 % more costly than the average. After that we have properties with 2 bedrooms priced at $223,425.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $125 / sq.feet, with an average $127 / sq.feet price in Lisbon. The properties with the highest average prices have 1 bedroom. They are 30 % more expensive than the average followed by properties with 4 bedrooms with a price at $136 / sq.feet.
The graph displaying the average prices displays the property type "Farm" as the most affordable one. At an cost of $192,850 it is 35 % cheaper than the average price in Lisbon. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $125,383 it is 12 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Farm" at an average cost of $70 / sq.feet followed by "House" priced at $136 / sq.feet. "House" is the most costly type of property with a $136 / sq.feet cost followed by "Farm" with an average price of $70 / sq.feet.