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Yarmouth, ME Real Estate News

By Jane & Garry Smith, ABR, GRI, Realtors - Portland, ME - (207) 253-3195
(Coldwell Banker Realty)
$269,500, 4Bd/1.5Ba Single Family House, 1750 sqft.    Jane and Garry Smith | Coldwell Banker Residential Brokerage | 207-253-3195jane.smith@nemoves.com | 406 E Main St, Yarmouth, ME 04096 4 Bedroom Home for sale near Village, Marina, Royal River, Yarmouth, ME 04096 4Bd/1.5Ba Single Family House   $269,500 Year Built 1970 Sq Footage 1750 sqft. Bedrooms 4 Beds Bathrooms 1.5 Baths Floors 2 Parking 3 Garage Laundry In Unit Lot Size 0.46 Acres DESCRIPTION Meticulously maintained home in coastal town of Yarmouth, ME! Move in condition with new IKEA kitchen, newer efficient heating system, vinyl windows & siding and roofing! Beautiful hardwood floors, 4 bedrooms and 1.5 baths. Family Room in lower level with wood burning fireplace! Beautiful grounds with veggie garden, perennial beds and lus...
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By George Kando, New England Realty Group, Southern Maine's Real Estate Team of Choice
( New England Realty Group)
The Yarmouth Clam Festival A Maine Tradition for over 50 years   Well we are in for a treat this year. It looks like the perfect storm aligning in the small town of Yarmouth, Maine, just north of Portland,  Great weather , great food and activities, races, parades, and performances all add up to one thing : FUN! The Festivities get under way on Friday July 18th and run through Sunday. This weekend It's all about food, fun, community service and a great Maine Tradition going back over 100 years. Now, I am a guy who enjoys good food, and the Yarmouth  Clam Festival abounds with the culinary  king and queen: Clams and Lobster! They serve over 6000 orders of fried clams, 6000 lobster dinners and over 6000 strawberry shortcakes. Along with a boatload of butter and tartar sauce.there are als...
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By George Kando, New England Realty Group, Southern Maine's Real Estate Team of Choice
( New England Realty Group)
 The Yarmouth Clam Festival First...I apologize in advance. I goofed! I got so busy this week I missed the Yarmouth Clam Festival parade and opening day. Since it was 94 degrees and humid I hunkered down in my air conditioned office and just plum forgot! Well they are forecasting a break in the weather and cooler temps will prevail for the weekend. That is great news because their is still tons of fun to be had in a sleepy little town just North of Portland, Maine... Yarmouth! This weekend It's all about food, fun, community service and a great Maine Tradition going back over 100 years. Now, I am a guy who enjoys good food, and the Yarmouth  Clam Festival abounds with the culinary king and queen: Clams and Lobster! They serve over 6000 orders of fried clams, 6000 lobster dinners and ov...
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
During Q1 of 2013, 17 homes were sold in Yarmouth Maine, representing a 19% decrease from the previous year. The average number of days on market (DOM) for homes in Yarmouth in Q1 was 91– up from last year when average DOM was 63. The median price point was 240K, which was down slightly from the previous year when the average home price was 285K. May 17th marks the 141st Arbor Day. During the first Arbor Day of 1872, more than one million trees were planted. Now the tradition goes on around all corners of the globe. This year, Yarmouth's new Tree Warden, Deb Hopkins, will be hosting a tree planting cermony in Royal River Park at 9am. Take a tour of Downtown Yarmouth with MyMaineProperty.com  
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
In Yarmouth Maine 3 homes were sold in the month of October. This represents a 73% drop in transaction volume year over year, although it is difficult to draw meaning from such a small sample size. The average price of Yarmouth Maine homes increased year over year to 420K. This also reflected a 58% price increase month over month. Average days on the market for properties in Yarmouth have decreased. This housing update for Yarmouth homes has been brought to you by the Herrigel Group - specializing in coastal Maine real estate. To learn more about what is going on in the Yarmouth Maine community or see the latest Yarmouth housing statistics, reach out to John Herrigel: call 207.650.5383 or email John at johnherrigel@gmail.com
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
In the residential real estate market of Yarmouth Maine, the 3rd quarter of 2011 has seen a 60% increase in transactions compared to a year earlier. 40 homes sold during this quarter. The median price remained about the same as last year at this time – with a 268K average. This is consistent with the area as a whole – southern Maine saw no change in median price from the 3rd quarter of 2010 to the 3rd quarter of 2011. To learn more about the town of Yarmouth Maine, check out the Yarmouth Historical Society. If you are interested in more information on real estate listings in Yarmouth Maine, check out the Herrigel Group – specializing in Southern Maine real estate, or contact John Herrigel directly at 207-650-5383 or by email: johnherrigel@gmail.com
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
 The Yarmouth Maine real estate market posted solid results for the 1st quarter 2011 ending March 31st 2011 with 18 homes and condos selling compared with just 12 in 2010. Statistically speaking median pricing was also up.. clocking in at 318K compared with 293K a year prior although given the smaller sample size it is this authors opinion that overall prices are pretty stable…neither increasing nor decreasing. Going forward the marketplace feels quite strong and I suspect we shall see excellent results in the coming months as Maine home buyers whom have been waiting in the wings begin to make offers! For more information on real estate in Yarmouth ME please visit www.mymaineproperty.com or feel free to contact me directly at 207-650-5383 or via email at johnherrigel@gmail.com
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The following are first quarter numbers for the Yarmouth single family housing market. The number of current homes on the market are down by 11.8% to 149 homes. The number of sales are up by 13% to 13 sales. The median sales price has risen by 13% to $334,166. The absorption rate has fallen by 24% to 55 months of available inventory. Analysis: a bright spot in Southern Maine real estate values.
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
 For the month ending February 2011 the Yarmouth, ME residential real estate markets saw 6 transactions occur at a median price of 237K up slightly from February 2010 figures and level with January 2010 volume. . Despite a 9% statistical price drop from 2010 the overall market remains stable and as the spring season approaches watch for improved activity on all fronts! Thanks for reading about Yarmouth ME homes for sale. For more information please visit my website www.mymaineproperty.com or contact me directly at 207-650-5383 or johnherrigel@gmail.com
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
In the real estate markets of Yarmouth Maine in the month of January saw 7 residential homes and condos sold at a median sales price of 235K after sitting on the market for 56 days. This represents a volume decrease of 49% compared with December 2010. The median sales price was significantly down compared with a year prior as well as a month prior, but this is more a result of the smaller sample size and not real price depreciation. Overall the market remains stable and inventories are low as our winter continues to chug along. This report was compiled by John Herrigel, a local Maine real estate agent with Green Tree Realty. For more info on the local Yarmouth ME real estate markets please contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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By Rick Beal
(Coldwell Banker Residential Brokerage)
Now in its 45th year, the Yarmouth Clam Festival, from July 16 to July 18, is Maine's premier summer family festival.  This year's festival features the state's biggest parade, a huge array of delicious food including lots of seafood choices, as well as the usual art and craft displays. Unique contests include the Maine State Clam Shucking Contest, a diaper derby, a professional bike race, a firefighters' muster, foot races for kids and adults, and canoe and kayak racing. As with most Maine fairs, look for evening fireworks, rides, and other fun things to do in Maine during the summer. Admission is free to the Clam Festival and all performances and contests.  There will be live entertainment throughout the festival. While in Yarmouth, check out the latest in Maine Real Estate, there are...
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
transactions take place in November 2009 compared with just 2 a year prior in November 2008. Median pricing clocked in at 233K for the sold homes. Month over month 7 homes sold in Yarmouth Maine in October and median pricing was a bit higher, but given the small sample size a pricing trend is hard to discern. For more information on real estate 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)
 Yarmouth Maine residential real estate saw 7 transactions take place in October 2009 compared with 5 a year prior in October 2008. Median pricing clocked in at 275K compared with 239K in October 2008. Thus the median year over year pricing was up 13% and month over month was up 12%. This market is on the cusp of the slower mid coastal region and the more stable/active greater Portland region. Currently the residential market appears healthy. 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)
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 continue to see healthy activity given the overall economic conditions. Inventory did balloon a bit however this past month with 82 homes now listed vs 68 last month.   If in town, be sure to enjoy the Yarmouth Clam Festival and road race this Saturday July 18th. For more information on Coastal ME 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)
 Yarmouth Maine real estate residential markets posted strong May sales with 9 transactions taking place at a median sold price of 426K. This contrasts with 8 homes sold at a median price of 235K in May 2008. Inventories have risen over the past few months with current inventory at 68 residential units for sale compared with 55 a few months prior. For more information on this wonderful Southern Maine housing community 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 Yarmouth Maine real estate markets saw just 2 transactions take place with an average sold price of 655K and an average days on market of 23 in January 2009. This contrasts with 4 homes sold at an average price of 1M after sitting on the market for 70 days on average in January 2009. The market slowness can be attributed to the general housing/economic slowdown but also a cold and snowy winter served to slow things down even furher in this souther Maine community. Inventories continue to fall with 54 residential properties on the market down from 60 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@greentreemaine.com
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
 Yarmouth Maine real estate had a good December with 7 transactions taking place at an average sold price of 460K compared with 4 transactions a year prior and only 2 in November. Pricing appears to be fairly constant with an average price sold of 485K a year ago compared to the 460K seen this month. The inventory of property dropped slightly in December with 60 properties now on the market compared with 68 in November. To get more information on this Maine coastal 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)
 For the month ending November 2008 the Yarmouth Maine real estate markets saw only 2 single family and condo transactions occur at a combined average price of 412K after sitting on the market for 138 days. In November 2007 transaction volume was markedly higher with 9 transactions occurring at an average price of 412K. Thanks for reading about Yarmouth Maine real estate, a wonderful southern Maine community to call home. For more information please visit my website www.mymaineproperty.com
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
Less than a 20 minute commute into Portland and close to many mid coast recreational opportunities Yarmouth is a  community with a commitment to wonderful education, safe neighborhoods and with moderately affordable  Southern Maine real estate for a family looking to live in a pseudo suburban/rural environment.  Real estate in Yarmouth Maine will run you upwards of 225K for a starter home. In 2007 the average sold home went for 398K with 98 homes selling.  Currently there are 78 on the market as of the Spring 08. Community spirit abounds and with the famous Yarmouth Clam Festival happening every summer, this small town  on the coast of Maine is well worth taking a look at.
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