 Real Estate in Portland Maine
Portland is Maine's metropolis with a whopping population of 64,000! Being the primary hub of all activity the city offers a bustling night life combined with many cultural and outdoor recreational activities to pursue. In 2008 the median home sold for 227K. Currently there are 406 homes on the market with a small ranch or cape obtainable for 175K whilst a luxury intown Portland condo entry level is in the 300-400K range.
 Real Estate in Falmouth Maine
Portland's northern neighbor and one of the nicest zip codes in the state. Real estate is not cheap with the median price of a home in 2008 topping out at 394K, but with its convenient location, excellent school district and high quality neighborhoods, Falmouth is worth a look for the business professional or new family looking to start a home. Current inventory level is 181 residential units.
 Real Estate in Cape Elizabeth Maine
Portland's southern neighbor and also one of the best zip codes in the state is Cape Elizabeth where an median home sold for 330K in 2008. The oldest suburb community of Portland Cape has excellent vistas from its 2 state parks, one of the best school districts in the state and a wide range or real estate options to choose from. Be it an estate overlooking Casco Bay, a charming colonial in a neighborhood association or a simple cape in a more rural setting.
 Real Estate in South Portland Maine
Just over the million dollar bridge from Portland sits South Portland. Wonderful suburban neighborhoods within walking distance to area beaches, home to the Maine Mall and with an median home price of 199K. Current residential housing inventory levels are at 156 properties and this southern Maine community should not be overlooked.
 Real Estate in Cumberland Maine
Traveling north past Falmouth one hits Cumberland. Best described as a more rural and more affordable Falmouth community. A solid school district and still only a 10-15 minutes from Portland Cumberland is home to the famous Cumberland county fairgrounds. In 2008 81 homes sold at a median sold price of 355K.
 Real Estate in Yarmouth Maine
Home to the famous Yarmouth Clam Festival and a quintessential coastal Maine community. History abounds in this small affluent year round neighborhood. Great school districts, excellent waterfront property, 200 year old in own capes and a great downtown. If you are looking for "the Maine feel" less than 15 minutes to Portland, look no further. In 2008 85 homes sold at a median price of 285K.
 Real Estate in Freeport Maine
Home to the famous LL Bean Company and the surrounding outlet shopping centers Freeport is not just about the stores. It has another side ...a rural, thriving coastal Maine community feel. In 2008 80 homes sold at a median transaction price of 306K. Waterfront property, historic homes, and simple ranches within walking distance to downtown can all be found in this great lower mid coast community.
Real Estate in Biddeford Maine
LOcated on the Saco river across from Saco, Biddeford offers great real estate deals within a 20 minute drive to Portland. In 2008, 96 homes sold at a median transaction price of 215K. Home also to the University of New England, Biddeford is an up and coming community with lots or redevelopment going one.
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Here is a rough overview of the housing inventories, pricing and days on market for all towns compiled Fall 2008
| Town |
Inventory |
Sold 2007 |
Median Sold Price |
| Portland |
481 |
778 |
245K |
| South Portland |
156 |
344 |
214K |
| Falmouth |
181 |
179 |
395K |
| Cumberland |
99 |
100 |
345K |
| Yarmouth: |
84 |
95 |
372K |
| Cape Elizabeth |
94 |
149 |
330K |
| Scarborough |
193 |
252 |
333K |
| Saco |
193 |
227 |
245K |
| Biddeford |
200 |
139 |
215K |
| Old Orchard |
230 |
200 |
220K |
| Kennebunkport |
81 |
96 |
496K |
Thanks for stopping by to learn more about Southern Maine Real Estate and the communities within this great region.
Disclaimer:
“Based on information from the Maine Real Estate Information System, Inc. for the period (date) through (date). 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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