John's Guide to Greater Portland Maine Real Estate
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ARCHIVED BLOG POSTS
2009
1
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The southern Me real estate markets posted their best results I have seen in well over a year for the month ending June 2009. Cumberland county transaction volume was off just 3% from a year prior and in York county a 37% increase was seen. Pricing was off 3% and 12% respectively. In the coasta...
07/24/2009
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The Lincoln county real estate markets posted strong residential transaction figures for the month ending June 30th. 33 homes sold at an average price of 314K compared with 20 at an average price of 250K in June 2008. This represents 65% and 26% increases respectively. Month over month this wa...
07/21/2009
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For the month ending June 2009 the county of Sagadahoc saw 28 transactions transpire. In 2008 36 homes sold in Sagadahoc for the same time period. The average price was 266K compared with 241K representing a 10% increase, the largest in quite some time indicating perhaps that the 2nd home buyer...
07/21/2009
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In Cumberland County, home of Portland ME, 318 homes and condos sold compared with 328 a month prior. Average pricing clocked in at 265K compared with 274K a year prior. The days on market average was 95 compared with 77 last year. Volume and pricing were thus down about 3%, the first single ...
07/21/2009
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The real estate markets of York in Southern Maine posted extremely strong residential numbers in June 2009. 268 transactions take place in June compared with 196 a year prior. This is the first uptick in volume year over year since at least October of last year (aka since I started recording th...
07/21/2009
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Yarmouth ME residential real estate markets had a spectacular June with 17 transactions transpiring relative to 8 a year prior, greater than a 100% increase. Median pricing clocked in at 270K compared with 282K in June 2008, a inisignificant 4% drop. The housing markets in Yarmouth thus continu...
07/16/2009
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In Cape Elizabeth in the month of June 12 residential homes were sold at median price of 265K after sitting on the market for 57 days. This is fairly similar to a year prior when 16 home sold but at a significantly higher median price point of 364K after sitting on the market for 26 days. Res...
07/16/2009
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Most of my posts center around the Maine real estate markets in Portland, but I thought I would give a brief overview of the Portland Maine rental market in this post. Generally I find the best place to locate rentals is still on Craigs List, but there are a few companies such as Schneider Prope...
07/15/2009
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For the month ending June 30th, 2009 the Westbrook ME residential housing markets 23 homes sell at a median price point of 172K after sitting on the market for 34 days. In 2008, 18 homes sold at 207K. This represents a volume increase of 28% and a pricing decrease of about 17%. Month over mont...
07/14/2009
The mid coastal ME residential real estate markets of Phippsburg and Georgetown saw 5 transactions take place in June 2009 compared with 6 a year prior. Median pricing clocked in at 300K compared with 235K in June 2008. There are currently a total of 77 homes on the market in these coastal ME re...
07/13/2009
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John Herrigel
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