1st Qtr 2011 - Greater Portland Housing Report
In the 1st Quarter of 2011 the housing markets of greater Portland and the lower mid coastal region continued to chug along. A harder than normal winter coupled with the lack of 1st time home buyer tax credit motivating buyers resulted in a cumulative transaction volume drop of 12%. Prices continue to stabilize and statistically posted a 3% increase year over year. Currently inventories are beginning to rise and buyer activity has markedly picked up thus watch for a very strong 2nd quarter in the Portland Maine regional housing market. View more maine housing statistics here. |
1st Quarter Town Statistics
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Transaction Volume By Qtr. Median Pricing by Qtr. |
To obtain the full report please visit the Maine real estate newsletter portion of my site or you can contact us directly at 207-650-5383 or by email at johnherrigel@gmail.com
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Thanks for your interest!
John Herrigel
Maine Buyers Agent and Associate Broker
Disclaimer:
“Based on information from the Maine Real Estate Information System, Inc. for the period (1/1/2011) through (3/31/2011). 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.”
