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Westbrook Maine 3rd Quarter Market Report

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

local dairyComparing the 3rd quarter of the 2010 and 2011 year, the average price of homes for sale in Westbrook ME has increased by 14%. The Westbrook median home price of 198K was below the average of 250K for all homes in southern Maine. Transaction volumes are up by 20% through southern Maine, although there was a 2% drop in the number of sales in the town of Westbrook. With stable volume and pricing, and the list to sales ratio at around 96% correctly priced homes will sell at fair market value.

If you are interested in learning about the community of Westbrook ME check out local agriculture at Smiling Hill Farm in Westbrook. Smiling Hill Farm produces dairy products including milk, cream cheese, and yogurt sold throughout southern Maine. For more info on homes for sale in Westbrook Maine visit the Herrigel Group at www.mymaineproperty.com or contact John Herrigel directly at 207-650-5383 or by email: johnherrigel@gmail.com