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You are currently viewing: Posts made in June, 2010

May housing results for Southern Maine

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The southern Maine real estate residential markets once again posted solid results for the month ending May 2010.  The Portland market  continued to lead the way with 50% volume increases year over year and also month over month. The overall region was up about 25% year over year per the Maine association of Realtor’s statistical release.  The mid coastal region, specifically the real estate markets of Sagadahoc county sprang to life posting a 141% transaction volume increase year over year! Prices continued to stabilize throughout most of the region with minor month to month fluctuations.  Another encouraging sign of the improved conditions is that the days on market continue to decrease in most communities.

View all homes in southern ME for sale here or read the complete real estate report here.

Thanks for reading,

John

Green Tree Realty


Slower Markets in Southern Maine

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The markets of Southern Maine seem to have cooled off a bit as of late… I guess to be expected since the frenzy and urgency of the first time home buyer tax credit is gone.  Buyers continue to look (and buy), but at a much more relaxed and comfortable pace although if a home is priced appropriately it will sell quickly and within a matter of days still!  The Portland ME real estate housing market continues to be the strongest segment in the region with over 80 residential transactions transpiring in May 2010, the most in 2 years, whilst homes for sale in the mid coastal regions are beginning to see better action, but buyers are still a bit hesitant to pull the trigger fully.

Thanks for reading and feel free to contact me at anytime for more in depth analysis.