Property prices for sale in Springvale (Maine)
The prices in real estate in Springvale, 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 Springvale has had a strong decrease during the last 6 months. In November, the average price per sq.feet was $248. In the following month the price per sq.feet decreased to $235. The price for the following two months in (January, February) had a considerable decrease of 58 with regard to the prior two months. The price per sq.feet has had a considerable deflation of 72 % 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 $190.75 to $136.5 during March, and April.
Based upon to the price in Springvale (cities), this has fallen considerably in the last 6 months. In our first sample month during November, the average price is $412,530. In December This price remains at $402,462. During the following two months (January, February) the average price had a considerable reduction of 55 % with regard to the previous two months. During the last two months the average price has had a strong fall compared to the previous four going from $316,231.25 to $162,287.5, which means a 51 % fall.
