The prices in real estate in Old Town, in the Maine region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Old Town has remained the same in the last 6 months. In November, the average price per sq.feet was $98. In December this price pretty much remained the same at a value of $97 per sq.feet. In the following two months the price per sq.feet has increased 106 %, going from $97.5 to $103 per sq.feet. The price per sq.feet has increased 105 % 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 $100.25 to $105.5 during March, and April.
Based upon to the price in Old Town (cities), these have remained the same in the last 6 months. In our first sample month during November, the average price is $144,300. In December This price remains at $148,444. During the following two months (January, February) the average price fell 91 % 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 110 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $168,433 they are 53 % more affordable than the average price for Old Town. The properties with the highest average price have 4 bedrooms, Their price is 7 % more costly than the average. After that we have properties with 3 bedrooms priced at $156,774.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $82 / sq.feet, with an average $110 / sq.feet price in Old Town. The properties with the lowest average prices have 3 bedrooms. They are 6 % cheaper than the average followed by properties with 1 bedroom with a price at $94 / sq.feet.
The graph displaying the average prices displays the property type "Commercial" as the most affordable one. At an cost of $168,433 it is 19 % cheaper than the average price in Old Town. "Condo" is seen as the second most affordable property type. The cheapest type property is "House" followed by "Condo". At a price of $159,536 it is 3 % more affordable than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $77 / sq.feet followed by "House" priced at $96 / sq.feet. "House" is the cheapest type of property with a $96 / sq.feet value followed by "Condo" with an average price of $77 / sq.feet.