The prices in real estate in Phillips, 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 Phillips has increased strongly during the last 6 months. In November, the average price per sq.feet was $472. In the following month the price per sq.feet decreased to $408. The price for the following two months in (January, February) had a considerable increment of 605 %. The price per sq.feet has had a considerable increase of 468 % 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 $1,550.25 to $7,258 during March, and April.
Based upon to the price in Phillips (cities), these have remained the same in the last 6 months. The price in November is $631,433, rising in December till $672,317. During the following two months (January, February) the price has had an average incrementation from $651,875 to $747,529. During the last two months the average price has had a strong fall compared to the previous four going from $699,702 to $525,646.5, which means a 75 % fall.