Property prices for sale in Wells (Maine)
The prices in real estate in Wells, in the Maine region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Wells has increased during the last 6 months. In October, the average price per sq.feet was $1,947. In the following month the price per sq.feet increased to $2,216. The price for the following two months in (December, January) had a considerable decrease of 69 with regard to the prior two months. The price per sq.feet has had a considerable increase of 162 % 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 $1,755 to $2,847 during February, and March.
Based upon to the price in Wells (cities), this has gone up in the last 6 months. In our first sample month during October, the average price is $537,343. In November This price remains at $557,329. During the following two months (December, January) the price has had an average incrementation from $547,336 to $605,302. 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 $576,319 and $582,079.5 between 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 $613,487 they are 63 % more affordable than the average price for Wells. The properties with the highest average price have 4 bedrooms, Their price is 96 % more costly than the average. After that we have properties with 3 bedrooms priced at $630,865.
With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $380 / sq.feet, with an average $3,594 / sq.feet price in Wells. The properties with the lowest average prices have 3 bedrooms. They are 24 % cheaper than the average followed by properties with 4 bedrooms with a price at $1,156 / sq.feet.
The graph displaying the average prices displays the property type "Land" as the most affordable one. At an cost of $613,487 it is 61 % cheaper than the average price in Wells. "Condo" is seen as the second most affordable property type. The dearest property type is "Detached House" followed by "House". At a price of $732,687 it is 55 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Detached House" at an average cost of $382 / sq.feet followed by "Condo" priced at $685 / sq.feet. "Land" is the most costly type of property with a $70,582 / sq.feet cost followed by "House" with an average price of $3,106 / sq.feet.
