Market Report for homes sold in Lewiston Maine in August 2010.
There were 18 residential properties sold in Lewiston Maine last month. One more than August of last year. However, the median price for residential homes dipped from $139,000 last year in August to $135,500 this year. That means that half of the homes sold for more and half sold for less.
The most interesting news from this report is that 7 out of the 18 homes actually sold for MORE than their list price. We have started to see multiple offers come in on desirable homes that are priced competitively. This trend is a change from last year. Also the Days on Market (# of days from listing to closing of the sale) has fallen to an average of 90 days. This is encouraging news for sellers.
|Town||List $||Sale $||Style||# Rms||# Br||# FB||# 1/2 B||Acreage||Yr Blt||Type||DOM|
|Median Sale Price||$135,500||Average days on market||90|
If you or someone you know is considering buying or selling a home in the Lewiston/Auburn area, please feel free to give me a call. I would be happy to help you achieve your real estate goals.