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April Housing Results for Southern Maine

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Once again the southern Maine real estate markets posted extremely strong residential housing results for the month ending April 30th.  Housing volume for the more populated counties of  York and Cumberland was up 72% and 65% whilst the mid coastal  markets of Sagadahoc and Lincoln were up 36% and 44%.

Median pricing rose year over year in all 4 counties with York and Lincoln counties leading the way up  8% and 11% respectively.  Cumberland County, home to Portland, remained steady seeing a 2% rise in median pricing.  Additionally the  days on market average continued to drop throughout the region.

The general feeling in the market place is encouraging.  Homes are selling if priced right, many active buyers are looking and sellers have for the most part have accepted what their homes are worth and thus are listing at realistic prices.

Please feel free to read the entire southern ME housing report here.

Thanks for reading,
John

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