Cumberland County 2009 Real Estate Review

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

For the year ending 2009 the Cumberland County Maine real estate markets saw only 2590 transactions transpire at an average sales price of 269K which is down about 2% in pricing compared to 2008’s average sold price of 275K. Volume was significantly less however down 15% from 2008. Inventories remain low and as prices have for the most part stabilized look for improving conditions in the first half of 2010.

For more information on southern Maine real estate please visit www.mymaineproperty.com or feel free to contact me directly at 207-650-5383 or via email at john@greentreemaine.com

 

Housing data taken from the Maine Association of Realtors, thank you!

 

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Rainmaker
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Andrew Mooers | 207.532.6573
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

There you have it John..in a nut shell. Last time I looked our Northern Maine average sale price was around the median $80,000. What a difference four or five hours makes huh?

Feb 03, 2010 11:39 PM #1
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Rainmaker
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John Herrigel

Portland, ME - Real Estate
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