The prices in real estate in Vinalhaven, 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 Vinalhaven has increased strongly during the last 6 months. In November, the average price per sq.feet was $589. In the following month the price per sq.feet decreased considerably to $323. The price for the following two months in (January, February) had a considerable increment of 156 %. The price per sq.feet has had a considerable increase of 191 % 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 $583.5 to $1,115.5 during March, and April.
Based upon to the price in Vinalhaven (cities), this has gone downing the last 6 months. The average price for November is $1,346,500. During December the price had a considerable reduction till $795,545. During the following two months (January, February) the average price had a considerable increase of 164 % 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 $1,412,364.75 to $947,589, which means a 67 % fall.