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Greater Portland Maine home values May 2011

By
Real Estate Agent

The Greater Portland Maine real estate markets are starting to show some life after the long Maine winter.  For the year to date through April 2011, there have been 618 home sales.  The overall sales volume is down by 12.5 percent from the 2010 activity over the same time period.  

Interestingly, values have risen by approximately 2.6 percent.  Looking forward, current listing activity is down in the 7 percent range as is pending activity.  

Follow this link for a detailed analysis of Greater Portland Maine real estate values or contact Derrick Buckspan at 207-956-0295.