south portland maine real estate: South Portland Real Estate Market Update
- 04/26/11 01:32 AM
For the 1st quarter ending March 31st 2011 the South Portland housing market saw 43 condos and homes sell at a median price point of 202K. A year prior a total of 56 homes and condos sold at a median price of 192K . These figures follow the trend seen for most of greater Portland in this first quarter of 2011.. lower volume and relatively stable pricing. Thus far in April buyer activity has been quite strong thus watch for strong results going forward. To get more information on South Portland homes and condos for sale please visit www.mymaineproperty.com, contact me … (1 comments)
south portland maine real estate: Housing Market Update South Portland 2010
- 04/27/10 05:52 AM
The residential real estate markets of South Portland saw 24 transactions take place at a median sold price of 215K and a median days on market of 43 in March 2010. In February 2010, 21 homes sold at a median price point of 167K and a year prior 21 homes sold in March 09 at a median price of 192K. South Portland like Portland continues to remain a strong and healthy market overall! Thanks for reading about the real estate markets of South Portland. My name is John Herrigel and I am a local ME real estate agent with Green Tree … (1 comments)
south portland maine real estate: Encouraging results for the Portland Maine Residential Housing Markets!!
- 12/06/09 11:07 PM
For the month ending November 2009 the Portland Maine real estate market saw 55 residential transactions occur at a combined median price of 212K representing a pricing decrease of ONLY 4% relative to a year prior, but compared to October 2008 it represents a pricing increase of 4% month over month! These are the best housing results of the year so far and a very encouraging sign for the real estate markets in Maine as a whole!! In addition, volume was up 8% compared with December 2008 and up 12% relative to October. To get more information on this Southern Maine … (0 comments)
south portland maine real estate: Maine 1st Time Home Buyer Tax Credit
- 11/28/09 12:48 AM
If you managed to save a few pennies after Black Friday and did not lose too much in the market after the Dubai fiasco yesterday please take a look at this great video I found on a co-worker's facebook page about the First Time Home Buyer Tax Credit. Couple the $8,000 from Obama with $5,500 potentially from Maine State Housing and you are looking at over $13,000 in cash! Rates are close to 4% if you go FHA and prices have pretty much stablized in the greater Portland Maine housing market.
It is a no brainer if you can qualify … (2 comments)
south portland maine real estate: Portland Maine Condo Market Snapshop
- 11/12/09 07:52 AM
I recently did a bit of analysis on the condo market in Portland Maine. My conclusion: Basicallly the current inventory is overpriced and we are on track to sell just about HALF the volume we saw in 2005, wow! No huge surprises here given the economic and global climate, but I was a bit startled at the unrealistic expectations of many sellers still. There are currently about 200 condos on the market in Portland with a median asking price of 220K. In 2008 the median sold price was 214K, not far off, but to date in 2009, the median price for … (0 comments)
south portland maine real estate: South Portland Maine Housing Report October 2009
- 11/05/09 02:18 AM
The real estate markets of South Portland saw 29 transactions take place in October 2009 compared with 25 a year prior. Median pricing clocked in at 196K compared with 173K in October 2008. Pricing year over year was actually up 13% compared with its larger neighbor Portland whom saw a 9% decrease in median prices for the same period. The residential markets continue to see healthy activity given the overall economic conditions. Inventory currently hovers around 150 residential units. For more information on southern Maine property please visit www.mymaineproperty.com or feel free to contact me directly at 207-650-5383 or via email … (1 comments)
south portland maine real estate: South Portland May 2009 Residential Real Estate Report
- 06/02/09 11:57 PM
For the month ending May 2009 the South Portland Maine real estate market saw 31 single family and condo residential transactions occur at a combined median price of 189K with the median home sitting on the market for 52 days. In May 2008 transaction volume was almost with 33 transactions at a median price of 210K and a median DOM of43. The current inventory level was flat from previous months levels with currently inventory at 133 homes. To find out more real estate and community information on this southern Maine real estate community please visit www.mymaineproperty.com, contact me directly at 207-650-5383 … (0 comments)
south portland maine real estate: Portland Maine February 2009 housing stats
- 03/03/09 06:36 AM
The month of February posted some more encouraging numbers for homes sales in Portland ME. 31 transactions occured at an average price of 240K with the average residential home sitting on the market for about 120 days. This is significantly up from January (55%) when only 20 transactions took place and down only 16% from a year prior. Pricing is down 8% from a year prior and the days on market was similar to a year prior. Relative to January, the Days on Market was up significantly though. Inventories continue to drop clocking in at 355 vs 389 a month prior. … (2 comments)
south portland maine real estate: South Portland January 2009 real estate report
- 02/05/09 03:50 AM
For the month ending January 2009 the South Portland Maine real estate markets saw 7 single family and condo transactions occur at a combined average price of 230K after sitting on the market for 91 days. In January 2008 transaction volume was almost double with 13 properties selling at an average price of 169K thus the year over year pricing is higher but I attribute this more to small sample size anomoly vs any real increasing pricing trend. Thanks for reading about homes in South Portland Maine, a wonderful Southern Maine community to call home. For more information please visit … (0 comments)
south portland maine real estate: South Portland December 2008 real estate report
- 01/09/09 05:40 AM
For the month ending December 2008 the South Portland Maine real estate markets saw 15 single family and condo transactions occur at a combined average price of 211K after sitting on the market for 143 days. In December 2007 transaction volume was actually lower with1 transactions occurring at an average price of 214K illustrating relatively flat pricing appreciation or depreciation year over year. Thanks for reading about South Portland Maine real estate, a wonderful greater Portland Maine community to call home. For more information please visit my website www.mymaineproperty.com … (0 comments)
south portland maine real estate: South Portland Maine 2008 residential housing data.
- 12/27/08 01:54 AM
In the year of 2008, the South Portland Maine real estate markets saw 265 residential transactions transpire at an average price of 226K and a median price of 199K. This represents a volume drop of 23% from numbers seen in 2007 when 344 transactions occured at an average price of 245K and a median price of 215K. Thus home values for the year 2008 declined by 8% relative to 2007 values. How long have homes been sitting on the market in South Portland? 81 days in 2008 compared with 73 in '07 and 74 in '05.
To obtain more charts … (1 comments)
south portland maine real estate: South Portland Maine - a Southern Maine community
- 09/05/08 12:36 AM
A hop, skip and jump over the million dollar bridge from Portland and one finds themselves in the great Southern Maine community of South Portland. Situated between the Fore River, Cape Elizabeth, and Scarborough, South Portland real estate offers something for everyone. With views of the Portland Waterfront, Casco Bay, and the Atlantic Ocean the town is a quieter alternative to call home compared to its larger neighbor Portland. From riverside condos, to wooded communities inland to waterfront estates the current market inventory sits at 142 properties. In 2007, 342 sold at an average price of 245K, about 20K less than … (0 comments)
For the 1st quarter ending March 31st 2011 the South Portland housing market saw 43 condos and homes sell at a median price point of 202K. A year prior a total of 56 homes and condos sold at a median price of 192K . These figures follow the trend seen for most of greater Portland in this first quarter of 2011.. lower volume and relatively stable pricing. Thus far in April buyer activity has been quite strong thus watch for strong results going forward.
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