real estate: Third Quarter Maine Real Estate Report for Falmouth Maine
- 11/22/13 02:48 AM
The residential housing markets for Falmouth, ME for the third quarter saw properties sell at a median price point of $370K, which is down 4% compared to the third quarter 2012. Homes sat on the market for an average of 36 days. Inventory in Falmout is lower than previous years with only 95 properties currently available, but 58 homes sold in the thirdquarter, which is a 38% increase from the 42 homes sold in the third quarter of 2012.
If you are interested in learning about greater Portland area communities including Falmouth, visit the Herrigel Kennedy website or … (0 comments)
real estate: 2nd Quarter Report on South Portland, Maine Real Estate Market
- 09/18/13 02:42 AM
There was a huge jump in the number of residential properties sold in South Portland between the 2nd quarter of 2012 to the second quarter of 2013. In 2013, 128 properties were sold, 45% more than the previous year. There was also a 7.5% increase in sold price to $243K.
South Portland is home to the largest full service marina in the state. It is also home to Willard Beach, a small sand and pebble beach located near Southern Maine Community College.
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real estate: 2nd Quarter Report on Cumberland, Maine Real Estate Market
- 09/18/13 12:35 AM
The 142nd Cumberland Fair is being held this year from September 22nd to the 28th. The fair is great for all ages and includes events such as; horse racing, demolition derby, Professional Rodeo events and more as well as tons of food!
The real estate market in Cumberland is even looking as good as the fair is! There was an increase in quantity sold of 41% from the second quarter of 2012 to the second quarter of 2013. On top of that there was a 12% increase is the median sold price up to 380K. It's a great … (0 comments)
real estate: 2nd Quarter Report on Falmouth, Maine Real Estate Market
- 09/17/13 05:37 AM
Just like many areas, Falmouth, Maine also experienced a large increase in the quantity of residential properties sold in the last year. From the second quarter of 2012 to the second quarter of 2013 there was nearly a 50% increase in quantity sold, from 42 to 61 properties. During these periods the median sold price stayed relatively constant, only dropping 2%.
Falmouth is known for its excellent school system as well as a great community in close proximity to Portland. Falmouth is also home to many parks, a local harbor and three golf courses.
In the second quarter of 2013 there were 239 residential properties sold in Portland, Maine. That is a 23% increase from just a year ago when only 195 properties were sold. The median sold price for these properties was $238K, which is just a 2% decrease from the prior year.
The city of Portland has a lot to offer people of all ages. There are many local shops, restaurants and bars in the downtown area as well as beaches, lakes and mountains within a short drive. The Greater Portland area is a great destination for both city goers and … (0 comments)
real estate: October Portland Maine Real Estate - Are the right choices being made in today's Market?
- 11/03/10 06:57 AM
In the month of October the Portland Maine Real Estate market saw 34 condos and homes sell. These numbers reflect a 15% decrease from last month and a 31% decrease from last year. Does house hunting decrease with the temperature? Looking at the pricing this past month, the median prices of Portland Maine real estate surprisingly rose 5% compared to last October; This increase can possibly be attributed to a lower number of first time home buyers in the Portland Maine area at lower pice points. To add to these market reports this past month showed that the average home sat on the market for 83 days, a … (0 comments)
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