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Southern Maine November 2008 Housing Report

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In November 2008 the southern mid coastal Maine real estate markets saw much of the same conditions  that have persisted over the previous months with average sold prices continuing to be 10-15% off where they were a year prior, housing transaction volumes markedly lower and continued lengthening of the days on market for Cumberland and York whilst small sample sizes in Sagadahoc and Lincoln made it difficult to discern actual trends.  However one bright spot  revealed in the November 2008 housing data  is that the average sold prices month over month have not statistically fallen since the end of the summer pointing to perhaps a leveling out in this market.

More info on southern maine communities.

Greater analysis on coastal Maine communities.

Thanks for reading

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