cumberland maine: Cumberland County 2008 Real Estate Year in Review - 01/16/09 05:06 AM
Cumberland County, home of Portland Maine saw 3060 residential transactions occur in 2008 vs 3703 in 2007, a drop of 17% in volume. The average sold price was down 9% to 275K from 302K in 2007. Historically the the pricing is right where Cumberland was in 2004, but the transaction volume is the lowest the decade has ever seen.  Real estate in the coastal regions has been hit the hardest as Portland proper has remained more resilient than most areas to the economic downturn. 
For additonal housing data and additional graphs, please visit  my website www.mymaineproperty.com or for specific Portland Maine … (0 comments)

cumberland maine: Cumberland Maine Home Sales December 2008 - 01/10/09 04:34 AM
  For the month ending December 2008 the Cumberland Maine real estate market saw 5 single family and residential transactions occur at a combined average price of 367K with each home sitting on the market for an average of 177 days. In December 2007 transaction volume was slightly higher with 7 properties trading hands at an average price of 275K. The current inventory level in Cumberland is 72 homes down from 85 in November.
To find out more real estate and community information on real estate in this southern Maine town please visit www.mymaineproperty.com, contact me directly at 207-650-5383 or via … (0 comments)

cumberland maine: November 2008 Housing Sales Report for Cumberland Maine - 12/09/08 03:34 AM
 Cumberland Maine real estate markets saw 7 transactions take place with an average sold price of 277K after sitting on the market for 159 days for the month ending November 2008. This contrasts with 6 homes sold at an average price of 405K in November 2007 after being on the market for 194 days. This represents a transaction volume increase of 17% and a pricing decrease of 32%.
For more information on this southern Maine housing community please visit www.mymaineproperty.com or contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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John Herrigel, Portland, ME - Real Estate (The Herrigel-Kennedy Group - Portside Real Estate)

John Herrigel

Portland, ME - Real Estate

Portland, ME

More about me…

The Herrigel-Kennedy Group - Portside Real Estate

Address: 190 US Route One , Falmouth, ME, 04105

Office: (207) 619-7571

Mobile: (207) 650-5383

Visit www.mainepropertyblog.com. Thanks


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