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Volatility in Southern Maine Real Estate

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After an encouraging August, September illustrates the volatility we have and will most likely continue to see in the markets for Southern Maine real estate.  For the 4 counties followed transaction volume was off 18% from 2006 and off greater than 28% from 2005 levels. The Average prices of homes rose in both York and Lincoln counties, but fell by 5% in Cumberland and Sagadahoc. The days on Market fluctuated greatly throughout the 4 counties. For the complete report  and housing statistics click here.

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