John's Guide to Greater Portland Maine Real Estate

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 For the month ending February 2010 the Cumberland County Maine real estate markets saw 163 transactions transpire at a median sales price of 210K which represents a decrease of about 4% over the year prior when the median sold price was 219K. Volume was significantly higher clocking in at 14% gr...
 For the month ending Feb 2010 Harpswell saw 2 transactions occur at a median price of 410K. This contrasts with 4 transactions occurring at a median price point of 350K in January 2010 and 3 homes selling at 305K in Feb 2009. This mid coastal real estate market continues to remain sluggish, but ...
 The Falmouth Maine residential real estate market saw 9 transactions close in February 2010 up 125% from 4 homes selling in February 2009 and up 29% from January. Median pricing in February clocked in at 410K, down 14% from 2009 and 11% from January. Given the very small sample size it is hard t...
 The mid coastal communities of Bath Maine saw 5 residential real estate transactions occur in February 2010 compared with just one in January and 9 a year prior. The median price clocked in at 112K compared to 95K in Feb 2009 representing an 18% year over year improvement. Overall the market con...
 The Scarborough ME residential real estate markets saw 10 transactions sell in February 2010 up 67% from 6 homes selling in February 2009 and down 17% from January. The median sold price in February for these 10 homes was 251K, down 13% from 2009 and also down 13% from January. Going forward loo...
 Sagadahoc county housing saw 15 transactions take place in January compared with 9 in 2009. Median pricing in January was 141K compared with165K in 2009. Despite the15% year over year pricing drop the region appears to be stabilizing and the stage is set for a very strong spring housing season. ...

John Herrigel

Portland, ME - Real Estate
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