For the month ending August 2009, the southern maine real estate markets including York, Cumberland and the mid coastal real estate markets including Sagadahoc and Lincoln posted similar results to those seen in July. Median pricing continues to remain off about 10% from a year prior but month over month home prices have held strong, fluctuating up and down a bit but for the most part leveling off.  Transaction volume was once again up in 3 of the 4 counties followed.  Inventories remained flat.  Read the full August 09 real estate report here.

Thanks for reading,

John Herrigel

Maine Buyers Broker