The prices in real estate in Rockland, 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 Rockland has increased strongly during the last 6 months. In November, the average price per sq.feet was $125. In December this price pretty much remained the same at a value of $125 per sq.feet. The price for the following two months in (January, February) had a considerable increment of 121 %. The price per sq.feet has increased 112 % 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 $138.25 to $154.5 during March, and April.
Based upon to the price in Rockland (cities), this has gone up considerably in the last 6 months. The average price during our first sample month during November, is $266,563. During December the price went through a considerable rise reaching $310,144. During the following two months (January, February) the price has had an average incrementation from $288,353.5 to $322,663. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % 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 $360,982 they are 60 % more affordable than the average price for Rockland. The properties with the lowest average price have 4 bedrooms, Their price is 18 % cheaper than the average. After that we have properties with 2 bedrooms priced at $208,252.
With regard to the average price per sq.feet , those properties with 3 bedrooms are the cheapest ones at a cost of $94 / sq.feet, with an average $158 / sq.feet price in Rockland. The properties with the lowest average prices have 2 bedrooms. They are 25 % cheaper than the average followed by properties with 1 bedroom with a price at $107 / sq.feet.
The graph displaying the average prices displays the property type "House" as the most affordable one. At an cost of $360,982 it is 38 % cheaper than the average price in Rockland. "Condo" is seen as the second most affordable property type. The dearest property type is "Commercial" followed by "Condo". At a price of $258,058 it is 116 % 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 $107 / sq.feet followed by "Condo" priced at $120 / sq.feet. "Commercial" is the most costly type of property with a $164 / sq.feet cost followed by "Condo" with an average price of $120 / sq.feet.