The prices in real estate in Madawaska, 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 Madawaska has increased strongly during the last 6 months. In October, the average price per sq.feet was $108. In November this price pretty much remained the same at a value of $104 per sq.feet. The price for the following two months in (December, January) had a considerable increment of 272 %. The price per sq.feet has had a considerable increase of 188 % 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 $197.25 to $371 during February, and March.
Based upon to the price in Madawaska (cities), this has gone up considerably in the last 6 months. In our first sample month during October, the average price is $189,253. In November This price remains at $183,595. During the following two months (December, January) the average price had a considerable increase of 479 % 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 170 % during the last two months.