Portland, ME

Portland Maine has lots to offer with its superb location on Casco Bay, the vibrant arts community, colorful Old Port area with many shops and outstanding restaurants. We also have many distinct neighborhoods with many fine examples of Victorian architecture. Combine that with our relative safety, walkability, and environmentalism and you have a great place to live.

Portland often makes "best of" lists and has done so again from This Old House magazine. The Deering Center neighborhood has been noted as one of the Best Old House Neighborhoods in the Northeast. Homes in good to excellent condition sell in the $200,000 to $500,000 range. You can find homes that have many of the original features including, fireplaces, built-ins, fine moldings, turrets, etc.

Read more about the neighborhood: http://www.thisoldhouse.com/toh/photos/0,,20466773_20916750,00.html.

Call for more information about available homes.

Through the month of October housing inventory in Portland Maine dropped. During the previous month there were 394 homes for sale, and 49 sold. In October only 377 homes were available, 58 sales. Sales are both up monthly, and are up 71% compared to the October 2010 levels. With a median price of 220K, Portland Maine markets have seen slow but steady appreciation of home values. It is an excellent time to purchase an investment property, or find a home in one of Portland’s growing neighborhoods such as the East End Munjoy Hill neighborhood.

This housing update has been brought to you by the Herrigel Group, specializing in greater Portland ME real estate. To learn more about homes in Portland Maine check out the Herrigel Group website www.mymaineproperty.com. Call John Herrigel at (207)650-5383 or email at johnherrigel@gmail.com for assistance with your Portland Maine home search.

The residential real estate market for Portland ME houses saw 115 transactions during the 3rd quarter of 2011, compared to the 95 sales for the 3^rd quarter of 2010. This represents a sales increase of 21% - about the same as the greater Portland area as a whole with a 20% gain in transaction volume. The median sales price was up 3% compared with last year at this time, with a median price of 222K. With list to sales ratio coming in around 97% and stable pricing, a condo will sell in Portland priced at fair market value.

Interested in some spooky fall fun in Portland, check out the (Not Too) Scary Stories kids theater workshop at the Portland Stage Company.

This Maine housing update was compiled by John Herrigel, a local ME real estate broker with the Herrigel Group. For more info on Portland ME homes for sale in neighborhoods like the Munjoy Hill area in Portland contact John directly at 207-650-5383 or via email at johnherrigel@gmail.com

The condo market in Portland ME saw 51 sales during the 3rd quarter of 2011, compared to the 55 sales for the 3^rd quarter of 2010. This represents a sales volume decrease of 7%. The median sales price was up 1% compared with last year at this time, with a median price of 200K. Through the greater Portland area volume has been up compared to last year at this time. With list to sales ratio coming in around 97% and stable pricing, a condo will sell in Portland if priced at fair market value.

To learn more about the city of Portland Maine, check out local news at the city of Portland webpage. This Maine condo update was compiled by John Herrigel, a local ME real estate broker with the Herrigel Group. For more info on Portland Maine real estate listings in neighborhoods like the East End, Munjoy Hill area in Portland contact John directly at 207-650-5383 or via email at johnherrigel@gmail.com

The Maine Chapter of the March of Dimes presents the 11th Annual Greater Portland Signature Chef's Auction at DiMillo's on the Water (25 Long Wharf, Portland), Wednesday, October 12, beginning at 5:30pm. Typically a very well-attended event, the Signature Chefs Auction will be hosted by WSCH6's Cindy Williams.

This fabulous event will feature culinary creations from Greater Portland chefs from DiMillo's, Nosh Kitchen Bar, The Salt Exchange, Figa, Zapoteca, The Porthole, and Hannaford. You'll enjoy wonderful wines paired with each food item.

The event will feature a number of great packages available for bid through a silent auction, as well as culinary auction packages in a live auction format. Local sponsors include; Wright Express, ProSearch, Martin's Point Health Care, Native Maine Produce, Living Wealth Partners, and Maine Magazine.

One hundred percent of funds raised will directly serve the March of Dimes and their mission to help moms have full-term pregnancies and fund research to solve the problems that threaten the health of babies. The Maine Chapter of the March of Dimes funds over $600,000 in research, local community grants, NICU Family Support at Maine Medical Center, and education projects across the state.