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Located on Maine’s rocky coast, the town of Boothbay is steeped in rich culture and history. Boothbay is a small town of just shy of 3000 residents (as of the 2000 census). Homes for sale in Boothbay are priced at an average of 332K, with waterfront homes of Boothbay Harbor pricing at an average of 588K. Through the 2011 year, homes in Boothbay have sold in the mid 200K range.
The Boothbay Harbor region is located on a peninsula between the Sheepscot river and Damariscotta river. Lobstering, fishing, and shipbuilding remain popular occupations – and are among the area’s traditional jobs. Boothbay is known for hospitality, the town has a significant summer population and many amenities for tourists enjoying the Boothbay Region.
If you would like to learn about current real estate listings in Boothbay ME, or other towns in mid-coast Maine, visit the Herrigel Group – experts in coastal and southern Maine real estate. Or contact John Herrigel directly by phone at 207-650-5383 or by email at johnherrigel@gmail.com
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The Lincoln county real estate markets posted strong residential transaction figures for the month ending June 30th. 33 homes sold at an average price of 314K compared with 20 at an average price of 250K in June 2008. This represents 65% and 26% increases respectively. Month over month this was the first price increase of the year and if I had statistics for all of last year, it may be the first price increase in well over a year.
These are strong signs that the southern and coastal Maine real estate markets are significantly improving helped by the low interest rates and a return of strength to the stock market.
Thanks for reading.
For more information on homes for sale in Southern Maine please visit www.mymaineproperty.com or feel free to contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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For the month ending May 2009 Lincoln County real estate saw 26 residential transactions occur at an average price of 203K. In May 2008, 34 homes sold at an average price of 265K representing an 24% drop in volume and 23% drop in pricing. Comparing to April 2009 however, volume was up 63% and pricing was up 4%. The current inventory level is at 801 up from 746 in April.
To find more information out on this coastal Maine real estate community please visit www.mymaineproperty.com, contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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Lincoln County Maine real estate saw a slow January with 10 transactions taking place at an average sold price of 181K compared with 20 transactions a year prior and 32 a month prior in December. Pricing fell of significantly as wel with an average price sold of 352K a year ago representing a 49% home pricing decrease. The inventory of property dropped slightly in January to 658 from 670 in December.
To get more information on this Maine coastal real estate market please visit www.mymaineproperty.com, contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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