Lewiston-Auburn Maine Home Sales Report: 04/29/12 - 05/05/12

By
Real Estate Agent with Better Homes & Gardens | The Masiello Group

The number of new listings increased while sales dipped just a bit in the Lewiston-Auburn Maine real estate market for the week of April 29, 2012 through May 5, 2012.  This past week's numbers were skewed a little by an extremely low priced bank owned property that sold, bringing the average sale price down, and a home listed by an unrealistic seller that sat on the market for 611 days, bringing the average days on market way up for the week.  The home finally sold when they lowered the price to the actual market value.

We are generally running about 110 days on the market.

The good news is that on average, homes in the Lewiston-Auburn area are receiving 95% of list price when they sell.

Weekly Market Activity

Residential Properties: 04/29/12 - 05/5/12

Lewiston-Auburn Maine

New Listings This Week

26

Homes That Went Under Contract This Week

9

Closed Home Sales This Week

7

Weekly SOLD statistics

Residential Properties: 04/29/12 - 05/5/12

Lewiston-Auburn Maine

Average Days On Market

163

Average List Price

$116,214

Average Sale Price

$111,071

 

If you have any questions regarding your particular town or area, or would like to find out how much your home is worth, please feel free to call me at 207-240-2250 or visit www.homeseller.me.

Statistical data was taken from the Maine Real Estate Information System (MREIS) and is considered reliable, but not guaranteed.

Posted by

The Maine Real Estate Network - Kristen Wheatley - Lewiston-Auburn Maine Real Estate

Maine Realtor Kristen Wheatley  

Kristen Wheatley is a Maine Realtor working and living in Central Maine.  She specializes in the sale of residential and investment property in the Lewiston-Auburn area and surrounding towns.  Kristen uses the latest tools and mobile technology to provide a superior experience and results for her clients and enjoys sharing these technology skills and teaching other real estate professionals and local small business owners.

The Maine Real Estate NetworkKristen Wheatley, Associate Broker
The Maine Real Estate Network
34 Center Street - Auburn ME 04210
mainehomeseller@gmail.com
207-240-2250     www.lamainerealestate.com

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Comments (1)

Fred Carver Personal Real Estate Corporation
RE/MAX Camosun Victoria BC Real Estate - Victoria, BC
Accredited Real Estate Consultant

Hi Kristen...Great market update, you sure know what's happening with Real Estate in Lewiston & Auburn Maine.

Cheers, have a fun and successful day!

May 14, 2012 03:08 AM