The prices in real estate in Machiasport, 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 Machiasport has increased strongly during the last 6 months. In October, the average price per sq.feet was $4,643. In the following month the price per sq.feet decreased considerably to $909. The price for the following two months in (December, January) had a considerable increment of 138 %. The price per sq.feet has had a considerable increase of 297 % 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 $3,302.5 to $9,817.5 during February, and March.
Based upon to the price in Machiasport (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during October, is $414,029. During November the price went through a considerable rise reaching $507,154. During the following two months (December, January) the average price had a considerable increase of 180 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $644,265 to $515,931, which means a 80 % fall.