Property prices for sale in South Berwick (Maine)
The prices in real estate in South Berwick, 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 South Berwick has increased strongly during the last 6 months. In October, the average price per sq.feet was $264. In November this price pretty much remained the same at a value of $276 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $270 to $257 per sq.feet. The price per sq.feet has had a considerable increase of 296 % 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 $263.5 to $781 during February, and March.
Based upon to the price in South Berwick (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $507,192. In November This price remains at $505,997. During the following two months (December, January) the average price fell 92 % 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 $486,186.25 to $437,562.5 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 $437,583 they are 65 % more affordable than the average price for South Berwick. The properties with the highest average price have 4 bedrooms, Their price is 30 % more costly than the average. After that we have properties with 3 bedrooms priced at $457,957.
With regard to the average price per sq.feet , those properties with 4 bedrooms are the cheapest ones at a cost of $201 / sq.feet, with an average $1,006 / sq.feet price in South Berwick. The properties with the lowest average prices have 2 bedrooms. They are 74 % cheaper than the average followed by properties with 3 bedrooms with a price at $244 / sq.feet.
The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $437,583 it is 64 % cheaper than the average price in South Berwick. "Commercial" is seen as the second most affordable property type. The dearest property type is "House" followed by "Commercial". At a price of $187,564 it is 4 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Commercial" at an average cost of $61 / sq.feet followed by "Condo" priced at $205 / sq.feet. "House" is the cheapest type of property with a $218 / sq.feet value followed by "Condo" with an average price of $205 / sq.feet.
