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 was the first price increase of the year and if I had statistics for all of last year, it may be the first price increase in well over a year.
These are strong signs that the southern and coastal Maine real estate markets are significantly improving helped by the low interest rates and a return of strength to the stock market.
Thanks for reading.
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 email@example.com