Maine real estate market report, checking in on property listing sales activity.
More than dollars and cents in a real estate market report when you live in a state as big and rural as Maine. Where I live, 11 people per square mile in a county called Aroostook that is the "Crown of Maine". Aroostook County the size of CT, RI combined and the largest county east of the Mississippi.
Maine, surrounded by Canada on three sides, the rock bound craggy seacoast on the other where tourists flock.
Supply of housing units, days on market, the actual sales to listing price shake down in the Maine real estate market.
When someone is buying or selling a home in Maine, it is critical to know what is happening in the market surrounding that house. Supply and demand play a big role in how high the price tag hanging off the homes listings bought and sold in Maine.
The Maine real estate market today may be nothing like other areas of the country. Like the weather, one size does not fit all. Clothing is measured in different amounts of material to cover right?
Only someone locally in the Maine real estate market knows the A-Z on the skinny today, yesterday.
And is pretty accurate on where the local real estate market in Maine is headed tomorrow thanks to experience over several of the ups, downs, sideways that happens in listing sales.
There's a Maine expression, "it's hard tellin' without knowin'".
Information, real time data and statistics poured over and studied to relay to buyers and sellers is critical. Because buying, selling a home, any Maine real estate is by far the largest financial exchange most of us ever make right?
More on the Maine real estate market report after digging into the MLS activity that continues to react to COVID in out of state migration to "Vacationland",
Maine, big beautiful and low cost with zip for traffic, low to the ground crime stats. It's the way life should be, Maine. The state so far north it's should be in Canada. The strong ties on both sides of the US / Canada border influence our real estate market too.
That's a topic for another Maine real estate blog with border crossing not so easy and with lots of hurdles, safety precautions.
Sample the simple way of life in Maine.