Posted on December 31, 2007
Filed Under Portland Maine real estate, Maine housing statistics, Bath Maine real estate, Coastal maine real estate | Leave a Comment
The Iron Works (Bath) vs the Naval Air Station (Brunswick). A comparison of pricing between the 2 mid-coastal Maine towns. With the housing markets sluggish, heading north from Portland about 30 minutes you arrive at Brunswick, home of Bowdoin college and hosting a variety of great restaurants and culture. Traveling another 10 minutes east you hit Bath, nestled on the Kennebec river.
Bath Brunswick
# Sold 2007 108 227
Avg Sold Price 190K 263K
Current Inventory 97 175
Avg. Asking Price 242K 289K
With twice the inventory and a 38% higher average sold price 3 primary factors for Brunswick’s higher pricing include:
1) Double the size of Bath. (20,000 vs.10,000 approximately)
2) 10 minutes closer to Portland
3) Home to Bowdoin College
