The average price in the Maine region has had same value in recent months. Prices in this region have remained pretty much stagnant.
The price per sq.feet in Maine has remained stagnant in the last 6 months. During October, the average price per sq.feet was $611. The following month (November) the price had a considerable deflation reaching $497 per sq.feet. The following two months (December, January) went through a considerable deflation of 75 % in the price per sq.feet with regard to the previous two. In the last two months, the price per sq.feet has had a significant increase of 188 %. This has been obtained by comparing the price of $485.5 for the first four months of the sample with regard to the previous 4 months and the price of $911.5 per sq.feet for the last two months (February, March).
Based upon to the price in Maine (region), this has decreased in the last 6 months. In the first month sample October the average price is $548,342. In November the price was the same at $534,457. In the following two months the average price didn't change much compared to the previous two going from $541,399.5 to $536,183.5. During the last two months the price has reduced 93 % compared to the previous average values going from $538,791.5 a $498,508.5 in February and March.
The graph displaying the the average price per number of bedrooms shows that those with 1 bedroom are the cheapest ones. They are 48 % more affordable than the average price in Maine followed by those with 2 with an average price of $375,827. The most costly properties have 4 bedrooms. They are 34 % more expensive than the average followed by those properties with 3 bedrooms priced at $509,374.
Based on the average price per sq.feet those properties with 1 bedroom are the cheapest ones with a price of $552 / sq.feet being $1,443 / sq.feet the average value within the Maine region. The properties with the most expensive average price are those with 4 bedrooms. These are 42 % more costly than the average followed by those with 3 bedrooms with a price of $1,347 / sq.feet.
The graph displaying the average price according to the property type shows "Land" as the cheapest one. With an average cost of $559,412 it is 76 % more affordable than the average in Maine. This is followed by "Apartment" with a price of $373,467. The dearest property type is "Commercial" and is 147 % more expensive than the average, followed by "House" with a cost of $658,006.
Based on the average cost per sq.feet the cheapest property type is "Commercial with a an average cost of $215 / sq.feet, followed by "Apartment" with a price of $295 / sq.feet. "House" with an average price of $1,757 / sq.feet is the most costly type of property followed by "Condo" at a price of $1,293 / sq.feet.