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South Portland January 2009 real estate report

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

 

For the month ending January 2009 the South Portland Maine real estate markets saw 7 single family and condo transactions occur at a combined average price of 230K after sitting on the market for 91 days.  In January 2008 transaction volume was almost double with 13 properties selling at an average price of 169K thus the year over year pricing is higher but I attribute this more to small sample size anomoly vs any real increasing pricing trend.

Thanks for reading about homes in South Portland Maine, a wonderful  Southern Maine community to call home.  For more information please visit my website www.mymaineproperty.com