The prices in real estate in Milford, in the Maine region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Milford has increased during the last 6 months. In March, the average price per sq.feet was $101. In the following month the price per sq.feet decreased to $94. In the following two months the price per sq.feet has increased 114 %, going from $97.5 to $111 per sq.feet. The price per sq.feet has increased 113 % 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 $104.25 to $118 during July, and August.
Based upon to the price in Milford (cities), this has fallen considerably in the last 6 months. The average price for March is $238,725. During April the price had a considerable reduction till $201,733. In the following two months the average price has remained the same with regard to the previous two months from $220,229 to $209,572. During the last two months the average price has had a strong fall compared to the previous four going from $214,900.5 to $143,820, which means a 67 % fall.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 37 % cheaper than the average price of $88,445 in Milford. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 37 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 48 % cheaper than the average price of ($57 / sq.feet) in Milford. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 48 % cheaper than the average value aforementioned.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $140,626 it is 37 % cheaper than the average price in Milford. "Condo" is seen as the second most affordable property type. The cheapest type property is "Condo" followed by "House". At a price of $88,445 it is 16 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $57 / sq.feet followed by "Condo" priced at $69 / sq.feet. "Condo" is the cheapest type of property with a $69 / sq.feet value followed by "House" with an average price of $57 / sq.feet.