Freeport, ME

 In October 2011, there was a 200% increase in sales volume compared to the year before. With 9 homes sold during the month of October, this was also a 13% gain since September 2011. The average price has decreased by 13% year over year to 238K. This is also a 35% yearly price decrease.

Want to know what is going on in Freeport Maine this holiday season? Check out the Northern Lights Celebration hosted by Freeport’s L.L.Bean flagship store in downtown Freeport. Fun and exciting holiday events are going on now through New Year.

This update on homes in Freeport ME has been brought to you by the Herrigel Group, specializing in southern and coastal Maine real estate. To learn more about Freeport real estate check out www.mymaineproperty.com or talk to John Herrigel directly at (207)650-5383 or email by at johnherrigel@gmail.com and get started with your Freeport home search.

In the residential real estate market of Freeport Maine, the 3^rd quarter saw 36 homes sold at a median sales price of 314K. This represents a transaction volume increase of 38% compared with the third quarter of 2010.  The median sales price was down 8% compared with a year prior. In general, volume has been up in southern and coastal Maine compared to last year at this time. With stable pricing, and list to sales ratio coming in around 96%, a home in Freeport Maine priced at fair market value will sell.

This report was compiled by John Herrigel, a local Maine real estate broker with the Herrigel Group – specializing in southern Maine homes. Interested in learning more about what’s going on in Freeport? Check out the Spooky 5k in Freeport Sunday the 30th. For more info on the greater Portland area and Freeport housing market contact John directly at 207-650-5383 or via email at johnherrigel@gmail.com

For the first quarter ending 2011, the Freeport Maine real estate market say 15 homes sell compared with 15 a year prior for the same time period. The median sales price was statistically down 34% to 190K from 289K, but overall this mid coastal housing market remains stable with pricing relatively flat year over year.

This report was compiled by John Herrigel, with the Herrigel Group, a local Maine real estate broker with Green Tree Realty and with statistics from MREIS and the Maine Association of Realtors. For more info on Freeport housing conditions please contact me directly at 207-650-5383 or via email at johnherrigel@gmail.com

For the month ending January 2011 the residential real estate markets of Freeport Maine saw 7 homes sell .. the same number that sold a year prior, whilst volume was down about 46% compared with December 2010. Housing prices in the Freeport marketplace continue to stabilize with the median price this past January clocking in at 235K. The current inventory of homes on the market in Freeport remains low, but watch for many new homes to enter the marketplace this spring.

For more info on the local southern Maine real estate markets please contact John Herrigel with the Herrigel group at 207-650-5383 or via email at john@greentreemaine.com

For the month ending August 2010 the residential Freeport Maine real estate markets saw 10 homes sell compared with 20 a year prior and 11 in July of this year. Housing prices in the Freeport marketplace continue to stabilize with the median price this past August clocking in at 300K. The current inventory of homes on the market in Freeport rests sits at 97 compared with 86 last month.

For more info on the local southern Maine real estate markets please contact John Herrigel at 207-650-5383 or via email at john@greentreemaine.com