The prices in real estate in Swans Island, 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 Swans Island has increased strongly during the last 6 months. In October, the average price per sq.feet was $281. In the following month the price per sq.feet increased to $300. The price for the following two months in (December, January) had a considerable increment of 1197 %. The price per sq.feet has had a considerable increase of 629 % 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 $1,883.25 to $11,839 during February, and March.
Based upon to the price in Swans Island (cities), this has gone downing the last 6 months. In our first sample month during October, the average price is $349,500. In November This price remains at $361,250. During the following two months (December, January) the average price fell 93 % 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 92 %, going from $343,020.75 to $314,928.5 in February and March.