Encouraging results for the Portland Maine Residential Housing Markets!!

By
Real Estate Agent with The Herrigel-Kennedy Group - Portside Real Estate

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 real estate community please visit www.mymaineproperty.com, contact me directly at 207-650-5383 or via email at john@greentreemaine.com

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John Herrigel

Portland, ME - Real Estate
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