The prices in real estate in Presque Isle, 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 Presque Isle has increased during the last 6 months. In November, the average price per sq.feet was $87. In the following month the price per sq.feet increased considerably to $113. The price for the following two months in (January, February) decreased 91 % with regard to the prior two months. The price per sq.feet has decreased 89 % 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 $95.25 to $85 during March, and April.
Based upon to the price in Presque Isle (cities), these have remained the same in the last 6 months. The average price during our first sample month during November, is $171,056. During December the price went through a considerable rise reaching $215,980. During the following two months (January, February) the average price had a considerable reduction of 83 % with regard to the previous two months. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 90 %, going from $177,342 to $159,860.5 in March and April.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $162,319 they are 13 % more affordable than the average price for Presque Isle. The properties with the highest average price have 4 bedrooms, Their price is 85 % more costly than the average. After that we have properties with 3 bedrooms priced at $220,019.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $78 / sq.feet, with an average $83 / sq.feet price in Presque Isle. The properties with the highest average prices have 1 bedroom. They are 120 % more expensive than the average followed by properties with 4 bedrooms with a price at $96 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $162,319 it is 42 % cheaper than the average price in Presque Isle. "House" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $93,529 it is 3 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "House" at an average cost of $83 / sq.feet followed by "Land" priced at $186 / sq.feet. "Land" is the most costly type of property with a $186 / sq.feet cost followed by "House" with an average price of $83 / sq.feet.