Southern Maine Real Estate High End SF Pricing
Doing some analysis for a client the other day on the available stock of property in the 500-700K range in the greater Portland Maine real estate markets, specifically Cape Elizabeth, South Portland, Falmouth and the West End, here is what the numbers reveal for average sq footage, cost/sq. footage, taxes and days on market for these high end Southern Maine communities.
                                                                                  AveragesÂ
                          Properties     Sq Footage    Cost/Sq. Foot       Taxes       Days on Market
South Portland        8                2991              $202                  $5,362         107
West End               7                  3035              $242                 $7,024           85
Falmouth               49                3100              $212                  $5,675           141
Cape Elizabeth       15                  2674             $239                  $6,315            61
Falmouth has a high number of new construction listings with 20 out of the 49 accounted for not having been built yet. The West End consists primarily of town homes in this price range whilst Cape Elizabeth and South Portland are a mix of older traditional homes coupled with newer contemporary construction.

















