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York County Real Estate 2008 Year in Review

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For the year ending 2008, the York County real estate market was hit harder than its counterpart Cumberland to the North. 2009 residential transactions transpired at an average sold price of 270K. This is off about 20% in volume and close to 11% in pricing compared to 2007.  The average days on market is also significantly higher in York vs Cumberland at 129 in 2008 for York vs around 100 for Cumberland.  A factor most likely in the lower prices and longer days on market is the stagnation in Maine waterfront real estate as a large portion of York county is on the water.

For additional info, please contact me directly at 207-650-5383 or john@greentreemaine.com
Thanks for reading,

John

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