3rd Quarter Housing Update for Portland ME Houses - 10/28/11 10:55 AM
The residential real estate market for Portland ME houses saw 115 transactions during the 3rd quarter of 2011, compared to the 95 sales for the 3rd quarter of 2010. This represents a sales increase of 21% - about the same as the greater Portland area as a whole with a 20% gain in transaction volume. The median sales price was up 3% compared with last year at this time, with a median price of 222K. With list to sales ratio coming in around 97% and stable pricing, a condo will sell in Portland priced at fair market value.
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3rd Quarter Housing Update for Portland ME Condos - 10/28/11 10:16 AM
The condo market in Portland ME saw 51 sales during the 3rd quarter of 2011, compared to the 55 sales for the 3rd quarter of 2010. This represents a sales volume decrease of 7%. The median sales price was up 1% compared with last year at this time, with a median price of 200K. Through the greater Portland area volume has been up compared to last year at this time. With list to sales ratio coming in around 97% and stable pricing, a condo will sell in Portland if priced at fair market value.
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Housing Update for Freeport Maine, 3rd Quarter 2011 - 10/27/11 02:56 PM
In the residential real estate market of Freeport Maine, the 3rd quarter saw 36 homes sold at a median sales price of 314K. This represents a transaction volume increase of 38% compared with the third quarter of 2010.  The median sales price was down 8% compared with a year prior. In general, volume has been up in southern and coastal Maine compared to last year at this time. With stable pricing, and list to sales ratio coming in around 96%, a home in Freeport Maine priced at fair market value will sell.
This report was compiled by John Herrigel, a local … (0 comments)

3rd Quarter Housing Update for Scarborough, ME - 10/27/11 12:37 PM
The Scarborough Maine residential real estate market saw a 19% increase in transaction volume for the 3rd Quarter of 2011. A total of 64 homes were sold during this quarter, giving the town of Scarborough an about average increase in sales for the region – coastal and southern Maine saw an average 20% increase in sales. Median prices for Scarborough Maine homes increased to 272K - a 1% gain year over year. Through southern Maine pricing was stable and list to sales ratio in the area has been around 97%, so if priced properly a home in Scarborough will sell at … (0 comments)

Housing Report: Brunswick ME 3rd Quarter - 10/27/11 12:29 PM
 
The housing market of Brunswick ME saw a 33% increase in transaction volume for the 3rd Quarter this year. A total of 48 homes were sold during this quarter in Brunswick. This is similar to the rest of the greater Portland area. Through southern ME home sales increased by an average of 20%. The median price for Brunswick ME homes increased by 10% compared to the 3rd quarter of the 2010 year. Southern ME pricing was stable with a list to sales ratio in the area around 96%, so if priced properly homes in Brunswick will sell at fair market … (2 comments)

Yarmouth Maine Housing Update 2011 3rd Quarter - 10/19/11 04:16 PM
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 … (0 comments)

Westbrook Maine 3rd Quarter Market Report - 10/19/11 03:42 PM
Comparing the 3rd quarter of the 2010 and 2011 year, the average price of homes for sale in Westbrook ME has increased by 14%. The Westbrook median home price of 198K was below the average of 250K for all homes in southern Maine. Transaction volumes are up by 20% through southern Maine, although there was a 2% drop in the number of sales in the town of Westbrook. With stable volume and pricing, and the list to sales ratio at around 96% correctly priced homes will sell at fair market value.
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3rd Quarter Housing Report for Falmouth Maine - 10/14/11 02:51 PM
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.
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