Posted on September 18, 2007
Filed Under Portland Maine real estate, Southern Maine real estate, Cape Elizabeth Real Estate | Leave a Comment
Doing some analysis for a client the other day on the available stock of property in the 500-700K range in the greater Portland Maine real estate markets, specifically Cape Elizabeth, South Portland, Falmouth and the West End, here is what the numbers reveal for average sq footage, cost/sq. footage, taxes and days on market for these high end Southern Maine communities.
Averages
Properties Sq Footage Cost/Sq. Foot Taxes Days on Market
South Portland 8 2991 $202 $5,362 107
West End 7 3035 $242 $7,024 85
Falmouth 49 3100 $212 $5,675 141
Cape Elizabeth 15 2674 $239 $6,315 61
Falmouth has a high number of new construction listings with 20 out of the 49 accounted for not having been built yet. The West End consists primarily of town homes in this price range whilst Cape Elizabeth and South Portland are a mix of older traditional homes coupled with newer contemporary construction.
