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South Portland Maine Market Snapshot

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Thus far in 2008 the South Portland Maine real estate market has seen 272 properties sold at an average transaction price of 255K after sitting on the market for 62 days.

Contrasting this with what is currently on the market:  159 properties: 108 single family with an average asking price of 298K and 51 condos with an average asking price of 230K one can see that the asking prices in this market are a bit too high and thus contributing to a significantly longer days on market for current listings: 222 for condos and 91 for single family homes.
You can find more information on Greater Portland Maine real estate here.

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