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Portland Maine Market Report - Feb 2011

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

Greetings from the great and frigid state of Maine!  For the month ending January 2011.. the housing market in Portland saw a total of 35 residential real estate transactions transpire which all things considered was pretty good given it snowed approximately 25% of the time!


What market segments continue to be the best?  Definitely real estate in the East End as well as downtown Portland Maine condos.  It seems baby boomers want accessibility coupled with intown living.. go figure :)

Median prices continue to stabilize and as Portland continues to make national headlines as a great place to live and a great place to invest... watch for continued improving overall marketplace conditions.

Ellie Shorb
Compass Real Estate - Chevy Chase, MD
Realtor DC, MD & VA Luxury Home Expert

LOVE Maine! We have spent some time every summer in Port Clyde, Camden, Rockport, etc. It has been a while since we stopped for a nice long meal in Portland on our way up. We will plan on it this summer. Thanks for all your helpful info on restaurants. Portland by the water is so charming!!

Feb 21, 2011 11:14 PM