York, ME

Prices have come down and interest rates are still doing well...Many buyers are hoping to come into the Maine market and get a lot for their money....but the truth is that many sellers have already marked prices as low as they possibly can....Sellers today are having to go to closing with some cash in order to clear title...

Buyers may want to understand the market that they are shopping in first of all.....for example Biddeford is a little different from Ogunquit....and the prices will dictate that....

It is nice to see buyers doing their homework over the internet before seeking to see a property, but keep in mind that many properties out there are in an up side down loan and sellers can decrease their prices just so far..

Overall many properties are closing at 15% under the accessed values....Of course each property and each situation is unique.


ZIP Code: 03909

Location Characteristics: York is a town in York County, Maine, United States at the southwest corner of the state. The population in the 2000 census was 12,854. Situated beside the Atlantic Ocean on the Gulf of Maine, York is a well-known summer resort. It is home to three 18-hole golf clubs, three sandy beaches, and Mount Agamenticus. It includes the villages of York Village, York Harbor, York Beach and Cape Neddick.

Like Bar Harbor and Newport, Rhode Island, York became a fashionable summer resort, and retains many distinctive examples of Gilded Age architecture, particularly in the Shingle Style. A cluster of historic buildings in the center of York Village are maintained as museums by the Old York Historical Society.

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August 13, 6:30-9 p.m. Challenges of Invasive Aquatic Plant Infestations, York County Soil and Water Conservation District, learn about the efforts and challenges that lakefront residents face when the waterbody they love is inhabited by an invasive aquatic plant species, Waterboro Town Hall, 24 Townhouse Road East, Waterboro. FMI: 207.324.0888 x 214 or www.yorkswcd.org

August 14, noon-8 p.m. A Treasured Ten: A Decade of Collecting at the Saco Museum, featuring a dazzling array of additions to the museum's collections since the start of the Millennium, free after 4 p.m., Saco Museum, 371 Main Street, Saco. FMI: 207.283.3861 or www.dyerlibrarysacomuseum.org

August 14, 8 p.m. Bob Marley, Wicked Funny Comedy, offbeat observations of everyday life, $20/person, Jonathan's Restaurant, 92 Bourne Lane, Ogunquit. FMI: 207.646.4777 or www.jonathansrestaurant.com

August 15, 6:30 a.m. - dusk Annual North Berwick Mill Field Festival, includes 5K road race, parade, antique car show, kid events, Chicken BBQ, Bingo, movie in the park, in and around Mill Field in the downtown area, 21 Main Street, North Berwick. FMI: 207.676.3353 or www.townofnorthberwick.org

August 15, 5-10 p.m. Art for Land Auction to benefit Great Works Regional Land Trust, Beach Plum Farm, East side of Route 1, 6/10 of mile north of Ogunquit Village Center. FMI: 207.646.3604 or www.gwrlt.org

August 16, 7:00 p.m. "Singin' in the Rain," based on the MGM film, ticket prices vary, Ogunquit Playhouse, Route 1, Ogunquit. FMI: 207.646.5511 or www.ogunquitplayhouse.org

August 18, 8 p.m. "The Queen of Bingo," Booth Productions provides community theater and a summer repertory company at the Betty Doon Motor Hotel, Booth Theater, 13 Beach Street, Ogunquit. FMI: 207.646.8142 or http://webpages.charter.net/stages/summer/index.html

August 19, 1:30-5:30 p.m. Wells Farmers' Market, featuring fresh local fruits and vegetables, organic produce, baked goods, flowers, eggs, fresh and dried herbs, cheese, herbal soaps, fresh-baked breads, potted plants and more, Wells Town Hall, 208 Sanford Road, Wells. FMI: 207.646.5926 or www.wellsfarmersmarket.org

August 18, 9 a.m. -noon Puddin ‘n Pie for ages 5-8, discover what people ate in the 18th century. Bake pie in the dutch oven and make pudding over the fire. Work on crafts while food bakes, $20/members, $23/non-members, Remick Barn, corner of York Street and Lindsay Road, York. FMI: Reservations and advanced payment required, 207.363.4974 x 12 or www.oldyork.org

August 19, 8 p.m. Suzy Bogguss Concert, Suzy was "discovered" by talent scouts from Capitol Nashville while singing at Dollywood, Jonathan's Restaurant, 92 Bourne Lane, Ogunquit. FMI: 207.646.4777 or www.jonathansrestaurant.com

The general feeling among York, Maine real estate agents during the month of November was that this was a very slow month. Results prove them right.

There were 8 sales of single family homes in York, Maine closed during November 2008. Median prices tend to be more representative since a single high end home can distort the average in such a small sample. Median sales price November 2008 was $384,000, median days on market was 101 days, and median sales price was 96% of list price.

November 2008 sales of 8 single family homes is just over half of the total November 2007 sales, which was 15 single family homes. Median sales November 2007 price was $409,000, median days on market was 81 days, and median sales price was 95% of list price.

What's the forecast? Most agents believe that December 2008 sales will be light relative to the year before also. However, the recent steep drop in mortgage interest rates, from 6.5% on 30 year fixed just a few weeks ago to 5.5% today, coupled with some true bargain pricing, may lure buyers back into the Seacoast real estate waters. York, Maine, with its beautiful beaches, friendly folks, and quaint small town feeling, remains a sought after Seacoast location.

We predict an early Spring and we're not talking weather.

Have you been to Harvestfest? If you have, then I know you will be back this year. If not, this is your chance! The York Chamber of Commerce carries the full schedule.

Saturday's events center around both York Village and York Beach. Those in the know skip the parking issue and take the free trolley from Short Sands beach or either the elementary, middle or high schools. The opening parade is conducted in colonial dress. From 10 to 4, there is a juried craft fair and a fabulous food festival. Please stop by the Coldwell Banker Yorke Realty table and sample some of our chili. Tell them Margaret Mitchell sent you!

Local musician, but widely known, Tim Janis will offer his uplifting music with a message. A Fife and Drum Band also complements the colonial theme.

Children will be greatly entertained by the Kidsfest section offering crafts, games and face painting.

Not to be outdone, York Beach participates with a full day of events located at the Ballpark. Crafters and Food Vendors will offer their wares in an Old Fashioned Marketplace. There will be numerous community and non-profit raffles as well as (drum roll please) a corn toss challenge.

The day will conclude with Fireworks on Short Sands Beach!

On Sunday October 19, Short Sands Beach is also home to an Antique Car Show. The Marketplace will continue and horse drawn carriage rides will also be offered. Under the big tent, a Native American POW-WOW will include live entertainment and storytelling. Harvestfest will conclude with the T-shirt raffle. No, you don't win a T-shirt - your raffle ticket includes a free T-shirt or poster. Local vendors have donated a variety of great prizes.

Please join us this weekend in York, Maine for Harvestfest.

Forecast calls for great weather in York, Maine this weekend. Coldwell Banker Yorke Realty has scheduled four open houses this weekend. We hope to see you there!

SATURDAY OPEN HOUSES

YORK - Sat 10/11 12 to 3 PM at 26 Plaisted Road Great in town 3 bedroom, 2 bath ranch at a great price of $287,000. Lovely landscaped lot of almost 2 acres, with built ins, garage and family room. Hosted by Don Langille.

Directions: Rt 1 to Plaisted Road in York. House on the left.

YORK HARBOR - Sat 10/11 12 to 4 PM at 42 Godfrey Cove. Extraordinary Craftsman manor home on three manicured acres overlooking the ocean. This home is participating in the Coldwell Banker 10 day sale at a price of $2,370,000. www.42GodfreyCove.com Hosted by Margaret Mitchell.

Directions: Rt 1A to Rt 103. Left onto Braveboat Harbor. Bear right at Western Point. Left onto Raynes Neck. Left onto Godfrey Cove.

SUNDAY OPEN HOUSES

YORK BEACH - Sun 10/12 12 to 4 PM at 42 Beacon Street Extension.

Fabulous fieldstone fireplace in this all season vacation home. Short walk to Long Sands beach down a country road. Offered at $299,900. Hosted by Steve Dunne.

Directions: Old Post Road to Bluestone, Left on Graystone, right onto Beacon Street Ext. House is 3rd on the right.

YORK BEACH - Sun 10/12 12 to 4 PM at 12 Gingerbread Lane. Exceptional craftsman cape on an acre lot in a quiet, private neighborhood. Quality rarely seen at a price of $579,900.

www.12GingerbreadLane.com Hosted by Margaret Mitchell.

UPDATE: UNDER CONTRACT Buyer attended the open house.

Directions: RT 1 to Old Post Rd. Left on Bluestone, left on Graystone, straight on Trafton. Left on Buck, right on Harry. 3rd house on left.