The prices in real estate in Wiscasset, 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 Wiscasset has increased strongly during the last 6 months. In November, the average price per sq.feet was $303. In December this price pretty much remained the same at a value of $297 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $300 to $288 per sq.feet. The price per sq.feet has had a considerable increase of 3087 % 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 $294 to $9,074.5 during March, and April.
Based upon to the price in Wiscasset (cities), this has fallen considerably in the last 6 months. The average price for November is $556,181. During December the price had a considerable reduction till $432,719. During the following two months (January, February) the average price fell 95 % 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 95 %, going from $481,204.5 to $455,102 in March and April.