
Maine Housing Report:
Updated: January 2010
2009 Year in Review
Median prices were down approximately 10% for the southern and lower mid coastal Maine markets in comparison to 2008 levels, but despite this comparative drop pricing has remained steady throughout all 4 quarters in 2009. Thanks to a large 2nd half surge in transaction volume all 4 counties followed posted similar transaction volumes to those seen in 2008. The median days on market average was slightly down as well in York, Cumberland and Lincoln Counties in 2009.
View full year end report for:
Greater Portland Maine
Mid Coastal Maine
A Brief Maine Overview
From small coastal communities to comfortable city living Southern Maine has something to offer for all current and prospective residents.
Portland - the hub of regional and statewide business and recreational activity blends professional lifestyle careers with entrepreneurship and local fishing activity to create superb variety and exciting regional flaire. Moving into the Mid Coastal Maine region one will find rural and suburban opportunities a plenty with a dash of city living in a region anchored by the small yet vibrant towns of Bath and Brunswick. Area recreation, beaches, restaurants and outdoor activities abound everywhere.
The local real estate markets include everything from coastal waterfront retreats to quiet suburban neighborhoods. I encourage you to take a look at the individual town pages through the community pages or jump directly to a town through the links below.
Find out more about me here , sign up for a free buyers packet or simply check back for periodic updates on inventory levels and statewide market conditions and pricing.
For an overview of Buying Process click here
For an overview of the Sellers Process click here
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Disclaimer:
“Based on information from the Maine Real Estate Information System, Inc. for the period (11/1/2009) through (11/30/2009). 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.” |