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South Portland, ME Real Estate News

By Jane & Garry Smith, ABR, GRI, Realtors - Portland, ME - (207) 253-3195
(Coldwell Banker Realty)
$235,000, 3Bd/2.5Ba Condo, 1563 sqft.    Jane and Garry Smith | Coldwell Banker Residential Brokerage | 207-253-3195jane.smith@nemoves.com | 67 Gary L Maietta Pkwy #6, South Portland, ME 04106 Hip & Sassy 3 Brm, 2.5 Ba Townhome in Parkway Woods, So Portland, ME 04106 3Bd/2.5Ba Condo   $235,000 Year Built 2007 Sq Footage 1563 sqft. Bedrooms 3 Beds Bathrooms 2.5 Baths Floors 3 Parking 2 Off street Laundry In Unit Lot Size 11 Acres HOA/Maint $205 DESCRIPTION Step inside this welcoming South Portland condo and put your feet up! Tastefully decorated throughout with upgraded finishes including a beautiful granite and stainless kitchen with hardwood floors and large breakfast bar! Relax in the comfy Living Room with gas fireplace, custom built-ins and watch your favorite shows! Through a glas...
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By David Deschaine
(The Masiello Group Referral Associates, Inc.)
 If you are trying to find one of the best real estate agents in Maine then you really should look at David because, because he is had some fantastic training from The Masiello Group's in-house training system that brings new agents into the industry.Experienced In Selling HomesThere are many coastlines through out Southern Maine so if you're looking for an experienced professional who can walk you through all of the steps from selling the home, and then working in your behalf in the strong negotiations to get your home sold quickly.Looking for a property search my website: David Sells MaineA couple on my Home Seller Tips: Have hardwood floors lightly sanded and then coated with fresh polyurethane to bring out the natural beauty in the wood. If possible move or vacate the home, and have...
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
There was a huge jump in the number of residential properties sold in South Portland between the 2nd quarter of 2012 to the second quarter of 2013. In 2013, 128 properties were sold, 45% more than the previous year. There was also a 7.5% increase in sold price to $243K.    South Portland is home to the largest full service marina in the state. It is also home to Willard Beach, a small sand and pebble beach located near Southern Maine Community College.                
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By George Kando, New England Realty Group, Southern Maine's Real Estate Team of Choice
( New England Realty Group)
The Gardens of Meeting House Hill. Willard Square South Portland, Maine As I walk around this neighborhood, I am reminded of a bygone era. When I lived in this neighborhood, almost ten years ago, I enjoyed this great little neighborhood on the scenic coast of Southern Maine. The Willard Beach area was our little secret. A place to call home. On this particular rainy day, I am reminded why my memories of this place are so fond. It's a colorful and varied tapestry of all walks of life and styles all living together under a common theme of love of their community. A great place to live. Guess what? The secret is out. As more people discover what a desirable are Willard Square, Ferry Village and Meeting House Hill are and lifestyle it fosters, gentrification has entrenched itself for the be...
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By Mike Young, FHA 203k Consultant 828-469-7462
(203kOnLine.com, covering the USA)
okay she didn't see my last post I am having so much fun with Dragon Naturally speaking by nuance. I am dictating this directly on my computer and it is a ball. South Portland Maine's about to get a new consultant. I've been working with Dan Link of accurate home inspections the past few weeks getting him tuned up and ready to get out there and gets in 203K help to that region. Then, having been a whole inspector for years in that region and a an adjuster for fire damaged homes fluent in fire restoration is perfect for the 203K. FHA 203K is exactly what Dan has been tuned up for preparing for years he just didn't know it. So now we have a home inspector who has been trained to do exactly what of 203K consultant does and that aligning with his 203K consultant training is perfect for this...
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
During the month of January, 13 homes and condominiums sold in the city of South Portland Maine. This was a 43% decrease from the previous month but a 30% increase in sales volume year over year. The average number of days on the market for homes and condos in South Portland that sold in January was 134 – up from last month. The median price point was 170K, which was down slightly from the previous month. Just minutes from Portland, South Portland is the host of events year round – including South Portland Pet Life’s Adoptable Dogs event on Feb. 25th. South Portland is an excellent location in the Portland Maine area, with perfect home or condo choices for you and your dog. Visit the Herrigel Group on facebook to learn more about Greater Portland homes for sale or contact John Herrigel ...
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
The South Portland ME housing market saw 11 homes sold during the month of November 2011. This was a 62% decrease in sales volume compared to last year at this time. The average price for a South Portland home sold in November was 210K, which was a 17% increase compared to October 2011. The average number of days on the market for homes that sold in South Portland was 74. The holiday season is upon us! The Maine Mall in South Portland is the shopping destination for many in southern Maine and points north. If you’re looking for an opportunity to get pictures of the kids with Santa, the Maine Mall is the place from now until Christmas Eve. This southern Maine housing update is brought to you by the Herrigel group. To learn more about Willard Beach homes for sale and all of South Portland...
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
For the month ending May 31st 2011 South Portland saw 27 homes sell at a median price point of 216K compared with 43 at a price point of 199K in May 2010. Like its larger neighbor of Portland… this housing market continues to see stabilization and perhaps a bit of price appreciation. To get more information on South Portland real estate please visit www.mymaineproperty.com, contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
 For the 1st quarter ending March 31st 2011 the South Portland housing market saw 43 condos and homes sell at a median price point of 202K. A year prior a total of 56 homes and condos sold at a median price of 192K . These figures follow the trend seen for most of greater Portland in this first quarter of 2011.. lower volume and relatively stable pricing. Thus far in April buyer activity has been quite strong thus watch for strong results going forward. To get more information on South Portland homes and condos for sale please visit www.mymaineproperty.com, contact me directly at 207-650-5383 or via email at johnherrigel@gmail.com
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The following are first quarter numbers for the South Portland single family housing market. The number of current homes on the market are down by 27% to 218 homes.  The number of sales are down by 17% to 37 sales.  The median sales price has risen by 2.9% to $199,400.  The absorption rate has fallen by 6.8% to 33 months of available inventory. Analysis:  sluggish winter market indicating a slow start to the year, values holding despite decreased sales volume.
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By John Zappia, Maine Custom Realty
(Maine Custom Realty)
MARKET REPORT South Portland, Maine 04106 Week of December 20th, 2010 (Residential Units Only, Including Condos)   107 Current Listings (-8 from last week) - Avg. Price  266,346 - Avg. Days On Mkt. - 229 22 Pending Listings (-1 from last week)  - Avg. Price – 227,104 2 Sold Listings (-1 from last week) - Avg. Price – 317,636 The Sold Price to List Price Ratio is 90% - Of these 2 sold, sellers got 90% of their asking price. Please Call Or Email For Custom Reports On Your Maine Town Or City.
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By Jeff Mateja, Southern Maine Real Estate
(Keller Williams Realty - Universal Properties)
Mill Cove Landing at 72 Ocean Street, South Portland offers 27 waterfront condominiums between C Street and D Street where Mill Creek meets Knightville, a fabulous location with 200 feet of shared waterfront overlooking Downtown Portland, the beautiful waterfront, and conveniently located close to many of South Portland's amenities. These quality constructed 2 bedroom condos at Mill Cove Landing range from 1,480 to 2,250 square feet as prices range from $299k to $599k, with all units offering nine foot ceilings, hardwood floors, gas fireplace, well-appointed kitchens with stainless steel appliances, and private balconies providing breathtaking views. Nearly all of the units are single-level living, while there are two units built townhouse style. Additionally, a courtyard shared by the ...
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By Jeff Mateja, Southern Maine Real Estate
(Keller Williams Realty - Universal Properties)
Comedians Jimmy Dunn and Karen Morgan will have you in stitches laughing on Friday evening November 5th, at the Abromson Center at the University of Southern Maine for "Laughter is the Best Medicine", a comedy event to benefit the Cancer Community Center. Jimmy Dunn is a Boston Sports Comedian, who you may recognize from Fan Attic on NESN and has appeared on Comedy Central and Jimmy Kimmel Live. Karen Morgan holds the honor of being recognized at "Maine's Funniest Mom". Tickets to the show are $25 general admission or $35 for reserved seating, and tickets can be purchased online here - Jimmy Dunn Comedy Tickets. In addition the Cancer Community Center is holding a benefit raffle (you do NOT need to be present to win) with some phenomenal prizes to be awarded which include; 42" Panasoni...
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
The month of May saw 43 residential properties sell at a median price point of 199K in South Portland. This represents a 39% volume increase from 41 that sold in May 2009 and an increase of 54% from 28 that sold in April. Both the days on market and inventory levels in May held relatively steady in the South Portland real estate market.  Overall the region continues to stabilize and remain healthy. For more information on southern Maine real estate please visit www.mymaineproperty.com or feel free to contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
 The residential real estate markets of South Portland saw 24 transactions take place at a median sold price of 215K and a median days on market of 43 in March 2010. In February 2010, 21 homes sold at a median price point of 167K and a year prior 21 homes sold in March 09 at a median price of 192K. South Portland like Portland continues to remain a strong and healthy market overall! Thanks for reading about the real estate markets of South Portland. My name is John Herrigel and I am a local ME real estate agent with Green Tree Realty. Feel free to contact me directly anytime at 207-650-5383 or via email at john@greentreemaine.com
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
The South Portland real estate markets saw 27 transactions take place at a median sold price of 184K and a median days on market of 29 in November 2009. This contrasts with 14 homes sold at a median sold price of 178K after sitting on the market for 67 days in Nobvember 2008. This represents a HUGE volume increase as well as a modest 3% pricing increase! More continued good news from the greater Portland Maine real estate markets. For more information on this southern Maine community please visit www.mymaineproperty.com, contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
The real estate markets of South Portland saw 29 transactions take place in October 2009 compared with 25 a year prior. Median pricing clocked in at 196K compared with 173K in October 2008. Pricing year over year was actually up 13% compared with its larger neighbor Portland whom saw a 9% decrease in median prices for the same period. The residential markets continue to see healthy activity given the overall economic conditions. Inventory currently hovers around 150 residential units. For more information on southern Maine property please visit www.mymaineproperty.com or feel free to contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
The South Portland ME residential real estate markets saw 38 transactions take place in Sept 2009 compared with 28 a year prior. Median pricing clocked in at 175K compared with 193K in Sept 2008. This represents a volume increase of 36% and a pricing decrease of 9% year over year.  The residential markets continue to see healthy activity given the overall economic conditions. Inventory has remained stable over the past few months, hovering at just over 150 homes on the market. For more information on homes for sale in Southern Maine please visit www.mymaineproperty.com or feel free to contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
The South Portland real estate market saw 33 homes sell at a median price of 190K in June 2009 after sitting on the market for 32 days.  This compares with 31 homes selling at a median price of 224K a year prior.   Current inventory rest at 161 homes for sale in South Portland up from 133 a month prior.  THe month over month pricing was flat whilst dropping 15% from last year.  This follows the overall Southern ME real estate trend. . For more information on homes for sale in Southern Maine please visit www.mymaineproperty.com or feel free to contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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By John Herrigel, Portland, ME - Real Estate
(The Herrigel-Kennedy Group - Portside Real Estate)
For the month ending May 2009 the South Portland Maine real estate market saw 31 single family and condo residential transactions occur at a combined median price of 189K with the median home sitting on the market for 52 days. In May 2008 transaction volume was almost with 33 transactions at a median price of 210K and a median DOM of43. The current inventory level was flat from previous months levels with currently inventory at 133 homes. To find out more real estate and community information on this southern Maine real estate community please visit www.mymaineproperty.com, contact me directly at 207-650-5383 or via email at john@greentreemaine.com
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