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Falmouth, ME Real Estate News

By Jane & Garry Smith, ABR, GRI, Realtors - Portland, ME - (207) 253-3195
(Coldwell Banker Realty)
$495,000, 4Bd/2.5Ba Single Family House, 2084 sqft.    Jane and Garry Smith | Coldwell Banker Residential Brokerage | 207-253-3195jane.smith@nemoves.com | 6 Kimberly Ln, Falmouth, ME 04105 Single Level Falmouth Contemporary Home in tranquil setting 4Bd/2.5Ba Single Family House   $495,000 Year Built 1977 Sq Footage 2084 sqft. Bedrooms 4 Beds Bathrooms 2.5 Baths Floors 1 Parking 2 Garage Laundry In Unit Lot Size 0.96 Acres DESCRIPTION Sleek, open design 4 bedroom Contemporary home on nearly a acre will be sure to please! Quality custom renovation completed by local builder, Larry Donatello, features Miralis cabinetry, quartz countertops, Bosch stainless appliances, Blanco faucets and lovely lighting! Warm wood flooring throughout! Master Suite with private bath with glass step in shower...
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By Jane & Garry Smith, ABR, GRI, Realtors - Portland, ME - (207) 253-3195
(Coldwell Banker Realty)
$249,900, 3Bd/1Ba Single Family House, 1423 sqft.    Jane and Garry Smith | Coldwell Banker Residential Brokerage | 207-253-3195jane.smith@nemoves.com | 33 Hamlin Rd, Falmouth, ME 04105 Affordable 3 Bedroom Home For Sale in Famouth, ME! 3Bd/1Ba Single Family House   $249,900 Year Built 1964 Sq Footage 1423 sqft. Bedrooms 3 Beds Bathrooms 1 Bath Floors 2 Parking 2 Garage Laundry In Unit Lot Size 15000 Square Feet DESCRIPTION Well maintained single family home on landscaped lot in convenient Falmouth neighborhood! Features low maintenance vinyl siding, windows and new roofing. Brand new Pensotti FHW boiler! Hardwood floors, Finished Family Room in lower level with wood burning fireplace. This delightful home is sure to please!   Falmouth see additional photos below Unit Features - Living...
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
  The residential housing markets for Falmouth, ME for the third quarter saw properties sell at a median price point of $370K, which is down 4% compared to the third quarter 2012. Homes sat on the market for an average of 36 days. Inventory in Falmout is lower than previous years with only 95 properties currently available, but 58 homes sold in the thirdquarter, which is a 38% increase from the 42 homes sold in the third quarter of 2012.   If you are interested in learning about greater Portland area communities including Falmouth, visit the Herrigel Kennedy website or contact John Herrigel directly by phone at 207-650-5383 John and the Herrigel Kennedy team are local real estate experts in Falmouth Maine relocation.      
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
Just like many areas, Falmouth, Maine also experienced a large increase in the quantity of residential properties sold in the last year. From the second quarter of 2012 to the second quarter of 2013 there was nearly a 50% increase in quantity sold, from 42 to 61 properties. During these periods the median sold price stayed relatively constant, only dropping 2%.    Falmouth is known for its excellent school system as well as a great community in close proximity to Portland. Falmouth is also home to many parks, a local harbor and three golf courses.   
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By Veronica Schneider
(Green Tree Realty, LLC)
Falmouth Maine is a beautiful suburb that has one of the largest anchorages in all of Maine. Along with many wonderful things to do around town, Falmouth has three private golf clubs along with the famed Portland Yacht club. The town of Falmouth is 37 square miles which gives it a small town appeal complete with city life charm. One of the great things about Falmouth Maine is the abundance of wonderful bodies of water that surround the town. These beautiful bodies of water include the Casco Bay, the Gulf of Maine, and the Atlantic Ocean. And, this is why Falmouth ME real estate is quickly on the rise. Homes for sale in Falmouth Maine have become a wonderful investment for many because of the allure of the city coupled with the perfected location that Falmouth provides its residents.   F...
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
The Falmouth Maine housing market saw a 24% increase in volume of transactions for the 3rd Quarter of 2011. A total of 51 sales were made during this quarter, giving Falmouth an above average quarterly increase in sales for the region – coastal and southern Maine saw an average 20% increase in sales. Prices for Falmouth properties rose 21% year over year to 442K. Through southern Maine pricing was stable. The ratio of list to sales in the area has been around 97%, so if priced properly a home in Falmouth will sell at fair market value. Visit the Falmouth Library to learn more about events in community. If you are interested in more info on homes for sale in Falmouth Maine check out the Herrigel Group at mymaineproperty.com – specializing in southern ME homes for sale. Or, for direct con...
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By Jane & Garry Smith, ABR, GRI, Realtors - Portland, ME - (207) 253-3195
(Coldwell Banker Realty)
FALMOUTH MAINE EARNS HIGH RANKING AS PLACE TO LIVE AND LEARN Posted in the Portland Press Herald newspaper today, April 27, 2011, was a story about Falmouth, Maine by Forbes Magazine: Town earns high ranking as place to "live and learn" - Falmouth is among the "Top Cities to Live and Learn" in the United States, according to the second-annual national ranking released Tuesday by Forbes Magazine and GreatSchools. Falmouth was the only community with a perfect score of 100 for educational quality and was No. 1 in the overall rankings among communities where the median home value is $200,000 to $399,000.  Falmouth's median home value is $351,550, according to the ranking.  The Portland suburb has a population of 10,669. "Falmouth's got serious education chops, consistently outperforming st...
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
In the first quarter of 2011 in Falmouth Maine a total of 25 residential properties sold at a median sales price of 318K compared with 29 selling at a 386K in 2010 in the first quarter. This represents a 14% volume decrease and an 18% pricing decrease however given the smaller sample size these statistics may be a bit skewed as the overall region saw a similar volume drop, but prices for the most part are stable throughout the area. Going forward the entire region seems to have sprung to life with spring thus watch for increased buyer activity in the 2nd quarter of 2011. For more information on real estate in greater Portland Maine please feel free to contact me directly at 207-650-5383 or via email at johnherrigel@gmail.com . Many of these statistics were compiled with the help of MREI...
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The following are first quarter numbers for the Falmouth single family housing market. The number of current homes on the market are down by 3.66% to 315 homes. The number of sales are down by 18.5% to 22 sales. The median sales price has fallen by 10.79% to $344,650. The absorption rate has risen by 16.59% to 69 months of available inventory. Analysis: sluggish winter market indicating a slow start to the year, values falling with decrease in sales volume.
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
 The Falmouth Maine residential housing market posted average results in February as this market remains slow like much of the greater Portland region. 8 residential transactions took place, down from 9 in Feb 2010. % year over year and 27% month over month. The median sold price in Feb 2011 was extremely low clocking in at 245K compared with 410K in 2010 however this is more a result of a small sample size than of actual price depreciation. For more information on real estate in Falmouth 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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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
 For the month ending January 2011 the Falmouth residential real estate markets saw 8 transactions occur at a median price of 306K down slightly from January 2010 figures and down 40% in volume compared with December 2010. Despite these price drops.. the markets remain stable and real estate in Falmouth Foreside continues to see healthy activity. Inventories remain low, but watch for increased sales as we enter the Spring season. Thanks for reading about home sales in Falmouth Maine. For more information please visit my website www.mymaineproperty.com or contact me directly at 207-650-5383 or john@greentreemaine.com
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
 The Falmouth Maine residential real estate market saw 9 transactions close in February 2010 up 125% from 4 homes selling in February 2009 and up 29% from January. Median pricing in February clocked in at 410K, down 14% from 2009 and 11% from January. Given the very small sample size it is hard to discern a noticeable downward price trends as overall the regional markets have stabilized. This report was compiled by John Herrigel, a local real estate agent with Green Tree Realty. For more info on the local southern Maine real estate markets please contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
For the month ending November 2009 the Falmouth Maine real estate markets saw 10 transactions occur at a median price of 352K. This contrasts with 11 transactions at a median price of of430K in November 2008. This northern suburb of Portland thus saw on a month over month basis relatively stable transaction volume and a pricing decrease of 18%, but on a month to month basis prices were up 26%. Thanks for reading about real estate in this southern Maine community. For more information please visit my website www.mymaineproperty.com or contact me directly at 207-650-5383 or john@greentreemaine.com
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
 In Falmouth Maine for the month of Octoberr 2009, 20 residential properties sold at a median price of 280K after sitting on the market for 62 days. This compares with 16 homes selling in October 2008 at a median price of 439K after sitting on the market for 81 days. The current inventory rest at 140 homes for sale in Falmouth Maine. Despite the lower median price this month, the markets for the most part are solid and hanging tough as we enter the winter season here in Maine. For more information on Southern Maine real estate 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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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
 In the Falmouth Maine real estate markets in the month of June 24 homes sold a median price of 358K after sitting on the market for 44 days. This compares with 14 homes selling in June 2008 at a median price of 292K after sitting on the market for 145 days. Current inventory rest at 171 homes for sale in Falmouth Maine. Overall the real estate markets for Falmouth finished with strong numbers.  Month over month, transaction volume has been up 13%, 89% and 41%.  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
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
Falmouth Maine residential real estate had a very strong month of May 2009 with 17 transactions taking place at a median sold price of 485K compared with 11 transactions at a median price of 429K from the year prior and 9 in April at a median price of 453K. The inventory of properties on the market has risen to the mid 170’s from the mid 120’s a few months prior. o get more information on this Southern Maine real estate market please visit www.mymaineproperty.com, contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
 The Falmouth Maine real estate markets saw 8 transactions take place with an average sold price of 596K after sitting on the market for 92 days on average in January 2009. This contrasts with 5 homes sold at an average price of 547K after sitting on the market for 159 days on average in January 2009. 9 homes were sold in December 2008 and 11 in November 2008 and thus one can infer volume is trending down, but relatively stable.  Pricing data is difficult to compare on a month over month basis given the small sample sizes. Inventories continue to fall with 119 residential properties on the market down from 142 in December. For more information on this Southern Maine housing community please visit www.mymaineproperty.com, contact me directly at 207-650-5383 or via email at john@greentree...
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
 For the month ending December 2008 the Falmouth Maine real estate market saw 9 single family and condo residential transactions occur at a combined average price of 564K with each home sitting on the market for an average of 149 days. In December 2007 transaction volume was slightly higher with 12 properties trading hands at an average price of 424K. The current inventory level is at 142 properties, down from 162 in November. To find out more real estate and community information on this southern Maine  town please visit www.mymaineproperty.com or contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
 Falmouth ME real estate saw 11 transactions occur with an average sold price of 432K after sitting on the market for about 142 days. This contrasts sharply with November 2007 when 4 properties sold at an average price of 527K. The transaction volume increased by 175% and a price drop of 22%. Given the small sample sizes it is difficult to accurately determine true trends To get more information on this greater Portland Maine real estate market please visit www.mymaineproperty.com or contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
Just to the North of Portland sits Falmouth Maine.  One of the most desireable neighborhoods to call home and thus one of the more pricey, here is a current market snap shop of the Falmouth Maine real estate conditions. Currently there are 186 properties on the market, 155 single family and 31 condos.  The average asking price is 553K (top 2 multi million properties excluded) with 11 properties listed over 1 Million and the lowest price property being 130K In 2007 a total of 168 transactions occured with an average selling price of 484K. Read more about South Maine real estate here. Thanks for stopping by!      
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