In the real estate markets of Yarmouth Maine in the month of January saw 7 residential homes and condos sold at a median sales price of 235K after sitting on the market for 56 days. This represents a volume decrease of 49% compared with December 2010. The median sales price was significantly down compared with a year prior as well as a month prior, but this is more a result of the smaller sample size and not real price depreciation. Overall the market remains stable and inventories are low as our winter continues to chug along.
This report was compiled by John Herrigel, a local Maine real estate agent with Green Tree Realty. For more info on the local Yarmouth ME real estate markets please contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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