Maine Real Estate Market Condition Report
Over the last year sales have definitely slowed, but Maine has been fortunate to avoid the plummeting prices experienced in some areas of the country and so widely reported in the News Media. Buyers in Maine can definitely find value, but we are not seeing "give away" opportunities. For sellers, the overall news is good as well. In most counties of Maine, the median sales price has increased over the past year, but certainly not as much as in previous years. With fewer buyers, sellers need to make sure that the pricing and condition of their home makes it stand out above the fray, and that they utilize a Real Estate professional who can agressively market their home. The annual report released by MREIS (Maine Real Estate Information System) details the market conditions recorded over the past year. Click Here For the Full Report.
Please feel free to call or email our team if you would like to discuss how this may impact your buying or selling plans.
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