Damariscotta Maine Real Estate
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Damariscotta Housing Data
| Yearly | 2012 | 2011 | Change |
| # Sold | 23 | 22 | 5% |
| Median Price | 203 | 220 | -8% |
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Overview of Damariscotta Maine
The town of Damariscotta, ME is located on the Great Salt Bay – where the Damariscotta River terminates. Crossing the Damariscotta, it is connected to its sister town Newcastle, which together makes the Twin Villages. This Lincoln County town is about 45 minutes away from Augusta, or an hour drive from Portland, ME.
The real estate markets in Damariscotta Maine offer a mix of year round and secondary home options. Lately the entire market similar to most coastal waterfront real estate markets in Maine has been slower than normal. In 2011 a total of 22 homes sold at a median sales price of $203,000.
During the summer months Damariscotta is a destination for many tourists, as route 1 passes through the town. In October, the village is home to the Damariscotta Pumpkinfest and Regatta in which festivities in celebration of the squash include races in giant pumpkin boats. Damariscotta’s waterfront provides a landing for recreational boating through much of the year. It is a modern town with a vibrant arts community, and rich history.
The area was once inhabited by the Wawenock (or Walinakiak, meaning "People of the Bays") Abenaki Indians, who left behind 2,500-year-old oyster shell middens along the banks of the Damariscotta River. The Whaleback Shell Midden is now a state historic site. The land became part of the Pemaquid Patent, granted by the Plymouth Council in 1631 to Robert Aldsworth and Gyles Elbridge, merchants from Bristol, England. At Pemaquid (now Bristol), they built a fort and trading post.
Damariscotta is a great community to call home but not for every home buyer thus we woudl encurage you to check out the property values for homes and condos in Brunswick. Another local Maine community that gets a lot of attention in the region due to its affordable real estate values is the housing community of Wiscasset. We hope either way that our website www.myMaineProperty.com has been informative and provided a good overview housing and real esate guide for DamariscottaDamariscotta Historical Housing Statistics
The Damariscotta, Maine housing market for residential real estate saw a total of 23 residential homes and condos sell in 2012 compared with 22 in 2011. The median sales price in 2012 was $203,000 compared with $220,000 in 2011 however despite this statistical drop the real estate market is quite stable overall.
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Damariscotta Schools and Education Overview
Damariscotta is a part of the Central Lincoln School System, Maine AOS #93, along with Bremen, Bristol, Jefferson, Newcastle, Nobleboro, and South Bristol.
"Our schools work hard to provide an excellent education that embraces high standards balanced with an appreciation for the things that make this part of Maine unique and special. AOS #93 includes five kindergarten through eighth grade elementary schools and has a special relationship with Lincoln Academy, the private school that educates most of our secondary students."
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Listing data is derived in whole or in part from the Maine IDX & is for consumers' personal, non-commercial use only. Dimensions are approximate and not guaranteed. All data should be independently verified. © 2012 Maine Real Estate Information System, Inc. All Rights Reserved.This web site does not display complete Listings. Certain Listings of other real estate brokerage firms have been excluded.
