3rd Quarter Portland Real Estate Statistics Released!
Oct 24, 2017 in Market News

For the 3rd Quarter of 2017 the Portland real estate market continued to see strong gains in all market segments we follow.  Demand remains strong for both existing housing stock as well as newly built homes, condos and multi units.  The multi family market saw a whopping 15% pricing gain year over year with the home & condo markets experiencing 8% gains.   Portland has been & continues to remain an extremely hot market for buyers, sellers and investors alike!





  
3rd Qtr 2017  
Median Prices
Units Sold
2017
% Chg
2017
% Chg
Homes
299K
5.9%
175
8.0%
Condos
279K
7.3%
93
24%
Multi Units
427K
15.8%
44
10%


Disclaimer: “Based on information from the Maine Real Estate Information System, Inc. for the period (4/1/16 through 9/31/17 ). Provided by an individual user of MREIS. MREIS has not reviewed the contents and does not make any representations, warranties or guarantees regarding the accuracy, timeliness or completeness of any statistical information and data provided.” Rev 8.06


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