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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

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