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For the month ending October 31st, 2009, Happy Halloween :), the city of Portland saw 49 residential real estate transactions take place at a median price point of 200K, down 9% in pricing from October 2008, but representing a volume increase of 25%, perhaps due largely to the Maine first time homebuyer purchasing prior to the possible expiration of the federal housing tax credit. The current inventory of homes as of today was 432, down marginally from last mont.
For more info on Portland Maine property for sale, please visit www.mymaineproperty.com.
Thanks for reading,
John Herrigel
Maine Buyers Agent
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Portland will be jamming Sunday, November 29, as the improvisational band Phish hits Portland for one night only between New York gigs. With a very devoted fan base, the Cumberland County Civic Center is sure to be mobbed with a sell-out crowd. Doors open at 6:30pm and the show starts at 7:30pm.
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