Property prices for sale in Palermo (Maine)

The prices in real estate in Palermo, 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.

$409,522.33
Average price last 6 months
$1,969.17
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Palermo has increased strongly during the last 6 months. In November, the average price per sq.feet was $1,696. In the following month the price per sq.feet decreased considerably to $297. The price for the following two months in (January, February) had a considerable increment of 198 %. The price per sq.feet has had a considerable increase of 198 % 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 $1,483.75 to $2,940 during March, and April.

Average price

Based upon to the price in Palermo (cities), this has gone downing the last 6 months. The average price during our first sample month during November, is $441,300. During December the price went through a considerable rise reaching $549,100. During the following two months (January, February) the average price had a considerable reduction of 80 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $444,894 to $338,779, which means a 76 % fall.

Charts data
Average price April
Average price per sq.feet April
Number of properties used in Palermo
Number of properties used in region Maine
$271,333
$197
124
93,168
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value