Facebook for Herrigel Kennedy      

Spring Home Sale Price Decreases

0 comments

Southern Maine Housing transaction volume remained down holding steady for the 2nd month in a row at 82% of its 2006 levels.   Average prices were down in 3 out of the 4 counties with a cumulative weighted sales price drop of  2% overall, but one should take note in York County 10 properties sold for over 1 Million in June; an abnormally high number.  Removing these from the equation brings the average sales price in York down to 282K and more in line with the other 3 counties.  The net result then being a 5-7% overall price drop for southern Maine real estate in June

Leave a Reply