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The East End… a super hot real estate market!

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I, like a lot of other agents, get a lot of inquiries for homes and condos for sale on the East End in Portland. This past Friday a solid 2 family home hit the MLS and by Saturday night 3 offers were already on the table and as of today it has gone pending in the MLS database.. holly smokes!!! Why such a hot real estate market? Perhaps it is the wonderful views offered on the Eastern Promenade… maybe it is the great restaurants and stores that exist on “munjoy hill” giving it a strong sense of community.

Either way you slice it this market continues to see price appreciation whilst the greater Portland region as a whole has pretty much stabilized. As of today there are approximately 20 East End condo units for sale and only 1 home listing..priced at a ripe 2M!

Thanks for reading

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