The prices in real estate in Searsmont, 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 Searsmont has increased strongly during the last 6 months. In November, the average price per sq.feet was $219. In the following month the price per sq.feet increased considerably to $1,859. In the following two months the price per sq.feet has barely changed, going from $1,039 to $1,061 per sq.feet. The price per sq.feet has had a considerable deflation of 21 % 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 $1,050 to $225 during March, and April.
Based upon to the price in Searsmont (cities), this has fallen considerably in the last 6 months. The average price for November is $654,333. During December the price had a considerable reduction till $400,380. During the following two months (January, February) the average price had a considerable reduction of 74 % with regard to the previous two months. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $459,834.5 and $450,575 between March and April.