The prices in real estate in Scarborough, in the Maine region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.
The price per sq.feet in Scarborough has remained the same in the last 6 months. In November, the average price per sq.feet was $293. In December this price pretty much remained the same at a value of $303 per sq.feet. The price for the following two months in (January, February) decreased 94 % with regard to the prior two months. The price per sq.feet has increased 106 % 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 $289 to $306.5 during March, and April.
Based upon to the price in Scarborough (cities), this has gone up in the last 6 months. The price in November is $562,879, rising in December till $620,799. In the following two months the average price has remained the same with regard to the previous two months from $591,839 to $567,941. Based on an analysis of the first four prices and the last two months the average price has risen strongly 124 % 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 $629,899 they are 38 % more affordable than the average price for Scarborough. The properties with the highest average price have 4 bedrooms, Their price is 19 % more costly than the average. After that we have properties with 3 bedrooms priced at $615,228.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $280 / sq.feet, with an average $295 / sq.feet price in Scarborough. The properties with the highest average prices have 1 bedroom. They are 83 % more expensive than the average followed by properties with 2 bedrooms with a price at $465 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $629,899 it is 73 % cheaper than the average price in Scarborough. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Condo". At a price of $462,812 it is 9 % 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 $286 / sq.feet followed by "Condo" priced at $344 / sq.feet. "Townhouse" is the most costly type of property with a $3,733 / sq.feet cost followed by "Land" with an average price of $548 / sq.feet.