maine real estate market report: Greater Portland Maine home values May 2011 - 05/03/11 07:16 AM
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.  
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maine real estate market report: Portland Maine Condo's first quarter housing market report - 04/20/11 04:20 AM
The following are first quarter numbers for the Portland Condo housing market. The number of current condo's on the market are down by 28.6% to 402 properties. The number of sales are down by 18.9% to 43 sales. The median sales price has risen by 13% to $218,666. The absorption rate has fallen by 7.6% to 48 months of available inventory. Analysis: positive increase in values despite large decreases in available inventory and decrease in sales volume. Greater Portland Maine real estate market reports by town.
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maine real estate market report: Gorham Maine first quarter housing market report - 04/19/11 01:42 AM
The following are first quarter numbers for the Gorham single family housing market. The number of current homes on the market are down by 20% to 249 homes. The number of sales are up by 3.6% to 29 sales. The median sales price has risen by 3.5% to $213,333.  The absorption rate has fallen by 20% to 44 months of available inventory. Analysis: decrease in available inventory has resulted in in slight increase in sales volume, increase in values and decrease in absorption rate. Greater Portland Maine real estate market reports by town.
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maine real estate market report: Westbrook Maine first quarter housing market update - 04/18/11 03:48 AM
The following are first quarter numbers for the Westbrook single family housing market. The number of current homes on the market are marginally up by .77% to 259 homes. The number of sales are down by 3.84% to 25 sales. The median sales price has fallen by 17% to $170,933. The absorption rate has risen by 4.6% to 53 months of available inventory. Analysis: sluggish winter market indicating a slow start to the year, values falling with decrease in sales volume. Greater Portland Maine real estate market reports by town.
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maine real estate market report: Brunswick Maine first quarter market report - 04/14/11 12:33 AM
The following are first quarter numbers for the Brunswick single family housing market. The number of current homes on the market are down by 22.8% to 233 homes. The number of sales are down by 13.8% to 31 sales. The median sales price has increased by 9.5% to $210,316. The absorption rate has fallen by 10.8% to 38 months of available inventory. Analysis: sluggish winter market indicating a slow start to the year, positive increase in values despite decrease in volume. Greater Portland Maine real estate market reports by town.
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maine real estate market report: Cape Elizabeth Maine first quarter market update - 04/13/11 05:14 AM
The following are first quarter numbers for the Cape Elizabeth single family housing market. The number of current homes on the market are down by 2% to 186 homes. The number of sales are up by 12.5% to 18 sales. The median sales price has risen minimally by .3% to $343,250. The absorption rate has dropped by 14.8% to 51 months of available inventory. Analysis: positive increase in sales volume with values holding steady.
Greater Portland Maine real estate market reports by town.
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maine real estate market report: Scarborough Maine first quarter market report - 04/12/11 03:06 AM
The following are first quarter numbers for the Scarborough single family housing market.
The number of current homes on the market are down by 3.4% to 338 homes. The number of sales are up by 14% to 33 sales. The median sales price has crept up by 5.4% to $298,750. The absorption rate has fallen by 14% to 52 months of available inventory.
Analysis: sluggish winter market indicating a slow start to the year, positive increase in volume and value.  Positive decrease in absorption rate.
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maine real estate market report: Yarmouth Maine first quarter market report - 04/11/11 07:39 AM
The following are first quarter numbers for the Yarmouth single family housing market. The number of current homes on the market are down by 11.8% to 149 homes. The number of sales are up by 13% to 13 sales. The median sales price has risen by 13% to $334,166. The absorption rate has fallen by 24% to 55 months of available inventory. Analysis: a bright spot in Southern Maine real estate values. … (0 comments)

maine real estate market report: Falmouth Maine first quarter market report - 04/08/11 01:20 AM
The following are first quarter numbers for the Falmouth single family housing market. The number of current homes on the market are down by 3.66% to 315 homes. The number of sales are down by 18.5% to 22 sales. The median sales price has fallen by 10.79% to $344,650. The absorption rate has risen by 16.59% to 69 months of available inventory. Analysis: sluggish winter market indicating a slow start to the year, values falling with decrease in sales volume. … (0 comments)

maine real estate market report: South Portland Maine First Quarter Market Report - 04/07/11 09:44 AM
The following are first quarter numbers for the South Portland single family housing market. The number of current homes on the market are down by 27% to 218 homes.  The number of sales are down by 17% to 37 sales.  The median sales price has risen by 2.9% to $199,400.  The absorption rate has fallen by 6.8% to 33 months of available inventory. Analysis:  sluggish winter market indicating a slow start to the year, values holding despite decreased sales volume. … (0 comments)

maine real estate market report: Portland Maine First Quarter Market Report - 04/05/11 05:30 AM
The following are first quarter numbers for the Portland single family housing market. The number of current homes on the market are down by 8.35% to 614 homes. The number of sales are down by 33% to 58 sales. The median sales price has risen by 7.29% to $220,916. The absorption rate has risen by 37% to 55 months of available inventory. Analysis:  sluggish winter market indicating a slow start to the year, values holding despite decreased sales volume. … (0 comments)

maine real estate market report: Maine Housing Numbers-Winter 2011 Early Indicators - 03/21/11 11:20 PM

RE/MAX of New England released a report showing an early snapshot of Maine real estate sales and values.  The report shows home sales up by 9.5% for 2011 over 2010, but month-to-month, values were down by 29%.  This decrease is not that surprising given the sevarity of the winter this year as it's not uncommon for weather to have an impact on seasonal sales.  Prices remained fairly stable down .5% while inventory was down by 6.3%.  RE/MAX predicts: "With bottomed-out prices and a decrease in inventory, Maine’s market could be moving toward stabilization."
This report is consistent with conditions we … (0 comments)

 
Derrick Buckspan

Derrick Buckspan

Portland, ME

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