Property prices for sale in Saco (Maine)
The prices in real estate in Saco, in the Maine region have had a strong fall in the last couple of months. The real estate prices for second hand homes have gone through a strong fall in this city.
The price per sq.feet in Saco has had a strong decrease during the last 6 months. In October, the average price per sq.feet was $1,771. In the following month the price per sq.feet decreased to $1,616. The price for the following two months in (December, January) had a considerable decrease of 30 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 62 % 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 $1,104 to $683.5 during February, and March.
Based upon to the price in Saco (cities), these have remained the same in the last 6 months. In our first sample month during October, the average price is $517,216. In November This price remains at $537,783. During the following two months (December, January) the price has had an average incrementation from $527,499.5 to $557,621. During the last two months, the average price has reduced with regard to the previous ones. To be precise it has gone down 93 %, going from $542,560.25 to $503,138.5 in February and March.
The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $489,532 they are 64 % more affordable than the average price for Saco. The properties with the highest average price have 4 bedrooms, Their price is 29 % more costly than the average. After that we have properties with 3 bedrooms priced at $541,879.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $352 / sq.feet, with an average $986 / sq.feet price in Saco. The properties with the highest average prices have 4 bedrooms. They are 249 % more expensive than the average followed by properties with 2 bedrooms with a price at $525 / sq.feet.
The graph displaying the average prices displays the property type "Apartment" as the most affordable one. At an cost of $489,532 it is 43 % cheaper than the average price in Saco. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Land". At a price of $537,000 it is 16 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Apartment" at an average cost of $445 / sq.feet followed by "House" priced at $469 / sq.feet. "Land" is the most costly type of property with a $50,675 / sq.feet cost followed by "Condo" with an average price of $472 / sq.feet.
