3rd Qtr 2011 - Greater Portland & Mid Coast Housing Report


 


In the 3rd quarter of 2011 the residential housing markets continued to stabilize with pricing flat year over year and transaction volume up 20%. The greater Portland region remains relatively strong as many different demographics continue to relocate and purchase both homes and condos in the city itself as well as the surrounding suburbs. The mid coastal region, largely a 2nd home marketplace, continues to remain slow and most likely will stay this way throughout the coming winter months. View more maine housing statistics here.

3rd Quarter Town Statistics
(click on a town for more information)

Town Current
Inventory
# Sold Median
Price
Portland
461
166
215K
South Portland
128
81
191K
Cape Elizabeth
68
39
344K
Falmouth
123
51
442K
Westbrook
92
42
198K
Yarmouth
64
40
268K
Scarborough
149
64
272K
Freeport
82
36
314K
Brunswick
127
48
202K
Bath
84
21
122K

Transaction Volume By Qtr.
Click to Enlarge
Quarterly Volume Changes for Maine Homes

Median Pricing by Qtr.
Click to Enlarge
Quarterly Home Prices Changes in Maine

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

Disclaimer:
Your information will never be sold or given out to any 3rd party

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.”