For the month ending October 2009 the Cape Elizabeth Maine real estate markets saw 13 transactions transpire at a median sales price of 426. Contrasting sharply in volume compared with October 2008 when only 4 properties traded hands. The median sales price was flat compared to a year ago and and month over month was up 42% as larger more expensive properties sold.
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
The real estate markets of South Portland saw 29 transactions take place in October 2009 compared with 25 a year prior. Median pricing clocked in at 196K compared with 173K in October 2008. Pricing year over year was actually up 13% compared with its larger neighbor Portland whom saw a 9% decrease in median prices for the same period. The residential markets continue to see healthy activity given the overall economic conditions. Inventory currently hovers around 150 residential units.
For more information on southern Maine property please visit www.mymaineproperty.com or feel free to contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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
For the month ending September 2009 the Bath Maine real estate markets saw 6 transactions transpire. In 2008 8 homes sold in September. The mid coastal Maine property market of Bath has been and continues to remain a bit slower than its bigger neighber, Brunswick to the west.
For more information on property in coastal Maine please visit www.mymaineproperty.com or feel free to contact me directly at 207-650-5383 or via email at john@greentreemaine.com
Brunswick Maine residential real estate saw 19 transactions take place in September 2009 compared with 20 a year prior. Median pricing clocked in at 166K compared with 240K in September 2008. The residential markets continue to see healthy activity given the overall economic conditions. Inventory sits at just round 200 homes on the market.
For more information on southern Maine property 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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Greater Portland and lower Mid Coast Buyers Agent for investors, first timers and retiring/relocating to Maine
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