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Portland Maine Real Estate 2008 Year in Review


2008 was not such a bad year relative to other markets in the nation. Portland Maine Real Estate saw 406 homes and 247 condos sell. This is down approximately 15% from 2007 transaction volume levels.  The average sold prices for home and condos in Portland Maine were 268K and 225K respectively, whilst the median prices were 227K and 208K.  These prices are off about 8% on average from 2007 figures. Thus the real estate in Southern Maine is holding its own better than many other regions in the nation. For more information and additional housing statistics on Portland Maine, please visit www.PortlandMaineHome.com or www.myMaineProperty.com or contact me directly at john@greentreemaine.com.  Thanks for reading.
Here are a couple year by year graphs for the Home and Condo Markets.

Portland SF Home Average and Median Prices
Portland Maine SF Homes

Portland Condo Average and Median Prices
Portland Maine condos

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