scarborough maine: 3rd Quarter Housing Update for Scarborough, ME
- 10/27/11 05:37 AM
The Scarborough Maine residential real estate market saw a 19% increase in transaction volume for the 3rd Quarter of 2011. A total of 64 homes were sold during this quarter, giving the town of Scarborough an about average increase in sales for the region – coastal and southern Maine saw an average 20% increase in sales. Median prices for Scarborough Maine homes increased to 272K - a 1% gain year over year. Through southern Maine pricing was stable and list to sales ratio in the area has been around 97%, so if priced properly a home in Scarborough will sell at … (0 comments)
scarborough maine: Scarborough May 2011 Real Estate Update
- 06/14/11 08:26 AM
The real estate markets of Scarborough Maine had a relatively poor showing this past May as only 14 homes and condos sold compared with 30 a year prior in May 2010. Median prices were also down about 7%, but given the smaller amount of homes that sold I would not put a ton of credibility in this median sold price drop. Overall the greater Portland region has stabilized from a pricing perspective and volume is down largely as the result of the housing credit boom of last year. For more info on Scarborough ME real estate please reach out directly. My … (1 comments)
The Scarborough Maine residential real estate market saw a 19% increase in transaction volume for the 3rd Quarter of 2011. A total of 64 homes were sold during this quarter, giving the town of Scarborough an about average increase in sales for the region – coastal and southern Maine saw an average 20% increase in sales. Median prices for Scarborough Maine homes increased to 272K - a 1% gain year over year. Through southern Maine pricing was stable and list to sales ratio in the area has been around 97%, so if priced properly a home in Scarborough will sell at … (0 comments)
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