Lewiston Maine September 2010 Housing Market Report.
Here are the results for Lewiston Maine showing sales of single family homes for September 2010.
|Number of homes sold||21|
|Average List Price||$137,914.00|
|Average Sale Price||$128,130.00|
|Average Days on Market||122|
|Percentage (list price to sale price)||92.00%|
This past month in Lewiston Maine, well priced homes have sold quickly. Many went under contract during the first week they were listed and a few had multiple offers and sold for more than their list price. There were three bank owned homes sold in September that had been overpriced by over $30,000 and these sales have distorted the average percent of list price achieved. Although the stats show this to be at 92%, if you exclude the three bank owned homes, the percentage is closer to 97%.
Prices appear to have stabilized in Lewiston and the average days on market for single family homes is almost half that of neighboring towns. There are still great deals available for buyers, yet sellers who are pricing their homes appropriately are selling them close to or at list price (in a few cases - over.)
If you are considering a move, please give me a call. I'd be happy to help.