The prices in real estate in Oakland, 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 Oakland has increased during the last 6 months. In November, the average price per sq.feet was $123. In December this price pretty much remained the same at a value of $124 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 116 %. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $133.5 to $135.5 during March y April
Based upon to the price in Oakland (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $220,400. During December the price went through a considerable rise reaching $263,035. In the following two months the average price has remained the same with regard to the previous two months from $241,717.5 to $251,953.5. Based on an analysis of the first four prices and the last two months the average price has gone up 107 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 4 bedrooms are the cheapest ones. At a price of $271,386 they are 46 % more affordable than the average price for Oakland. The properties with the highest average price have 3 bedrooms, Their price is 20 % more costly than the average. After that we have properties with 2 bedrooms priced at $202,147.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $1 / sq.feet, with an average $122 / sq.feet price in Oakland. The properties with the highest average prices have 1 bedroom. They are 111 % more expensive than the average followed by properties with 2 bedrooms with a price at $120 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $271,386 it is 55 % cheaper than the average price in Oakland. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $155,938 it is 1 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $117 / sq.feet followed by "House" priced at $131 / sq.feet. "Land" is the most costly type of property with a $1,670 / sq.feet cost followed by "House" with an average price of $131 / sq.feet.