The prices in real estate in North Yarmouth, 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 North Yarmouth has increased strongly during the last 6 months. In October, the average price per sq.feet was $287. In the following month the price per sq.feet increased to $307. The price for the following two months in (December, January) had a considerable increment of 116 %. The price per sq.feet has had a considerable increase of 121 % 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 $320.5 to $387.5 during February, and March.
Based upon to the price in North Yarmouth (cities), this has fallen considerably in the last 6 months. The average price for October is $818,189. During November the price had a considerable reduction till $655,929. During the following two months (December, January) the average price had a considerable reduction of 73 % 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 gone up 112 % during the last two months.
The graph showing the average price for bedrooms displays the property with the lowest price has 1 bedroom. It is 51 % cheaper than the average price of $419,136 in North Yarmouth. Based on the bedrooms values, properties with the lowest prices are those with 1 bedroom. They are 51 % more affordable than the average aforementioned.
With regard to the average prices per sq.feet those properties with 1 bedroom are 75 % cheaper than the average price of ($102 / sq.feet) in North Yarmouth. Properties with the most affordable price based upon to the number of bedrooms / sq.feet are those with 1 bedroom. They are 75 % 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 $862,250 it is 51 % cheaper than the average price in North Yarmouth. "Land" is seen as the second most affordable property type. The cheapest type property is "Land" followed by "House". At a price of $419,136 it is 49 % 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 $102 / sq.feet followed by "Land" priced at $149 / sq.feet. "Land" is the cheapest type of property with a $149 / sq.feet value followed by "House" with an average price of $102 / sq.feet.