The average price in the Maine region has had a slight increase in recent months. There has been an inflation in the prices in this region.
The price per sq.feet in Maine has increased in the last 6 months. During November, the average price per sq.feet was $179. The following month the price decreased to $164 per sq.feet. The following two months (January, February) went through an increase of 112 % in the price per sq.feet rising from $171.5 to $191.5 per sq.feet. In the last two months, the price per sq.feet has increased 109 %. This has been obtained by comparing the price $181.5 for the first four months of the sample with regard to the previous 4 months and the price $198.5 per sq.feet for the last two months (March, April).
Based upon to the price in Maine(region), these have remained the same in the last 6 months. In the first month sample November the average price is $356,403. In December the price was the same at $371,715. The average price for the following two months (January, February) decreased 93 % compared to the prior two. During the last two months the price has risen 106 % compared to the previous average values going from $351,944.5 a $372,161.5 in March and April.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 41 % more affordable than the average price in Maine followed by those with 2 with an average price of $289,331. The most costly properties have 4 bedrooms. They are 16 % more expensive than the average followed by those properties with 3 bedrooms priced at $325,049.
Based on the average price per sq.feet those properties with 4 bedrooms are the cheapest ones with a price of $174 / sq.feet being $188 / sq.feet the average value within the Maine region. The properties with the most expensive average price are those with 1 bedroom. These are 77 % more costly than the average followed by those with 2 bedrooms with a price of $241 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $379,291 it is 62 % more affordable than the average in Maine. This is followed by "House" with a price of $365,356. The dearest property type is "Duplex" and is 142 % more expensive than the average, followed by "Commercial" with a cost of $833,884.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $163 / sq.feet, followed by "House" with a price of $185 / sq.feet. "Land" with an average price of $23,929 / sq.feet is the most costly type of property followed by "Duplex" at a price of $633 / sq.feet.