The South Portland ME residential real estate markets saw 38 transactions take place in Sept 2009 compared with 28 a year prior. Median pricing clocked in at 175K compared with 193K in Sept 2008. This represents a volume increase of 36% and a pricing decrease of 9% year over year. The residential markets continue to see healthy activity given the overall economic conditions. Inventory has remained stable over the past few months, hovering at just over 150 homes on the market.
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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