South Berwick Maine Real Estate Market Report - Q1 2008

South Berwick Maine, home of the Strawberry Festival the end of June. This is an outstanding local event. Lots of activities and food sales put on by local non-profit groups - a real down home festival. A great way to help support the local little league, soccer groups, boy scouts, etc. And in my favorite way of supporting - by eating! A good number of crafter's also make this event worthwhile. The strawberry shortcake is piled high on biscuits from Fogarty's and real whipped cream. I like to eat one helping of shortcake before going to find other snacks like lobster roll or shish-ke-bab and then come back for a second helping!

The winter market was very slow this year with only 7 homes sold in South Berwick. Last year there were 14 homes sold during the same period of time. But the good news is that 11 homes are curently under contract. Also, the average sale price increased this winter over last winter - it was $229,827 in 2007 and $266,377 in 2008. But it did take 19 days longer on average to sell a home - 120 days vs. 101 days.

There are currently 52 homes for sale in South Berwick Maine, raning in asking price from $118,900 to $499,000.

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Visit The Seacoast Sold Report for more information on South Berwick and surrounding towns.