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Southern & Coastal Maine November Housing Report

Posted on December 10, 2008

For the month of November 2008, here is a market snapshot of the Southern Maine real estate transaction volume,  average sold prices and days on the market for most greater Portland and lower mid coastal Maine housing communities.
                       Current         Avg         Avg
Inventory    # sold    Sold Price    DOM
Portland                425          51          249K              75
South Portland      148          14           203K             126
Cape Elizabeth        87           9            459K             101
Falmouth               162         11           432K             142
Cumberland            85           7            277K             159
Yarmouth               68           2            412K             138
Freeport                 89           3            195K              99
Brunswick              167          8            263K              58
Bath                      120         5            112K             147
Coastal                  150          7            375K             209
(Includes Harpswell,
Phippsburg, Georgetown
and Arrowsic)

As one can see southern maine real esatate transaction volumes for the area are low in all communities but for Portland.  For a greater analysis, please visit www.mymaineproperty.com or for Portland Maine real esate visit www.portlandmainehome.com or simply contact me anytime at 207-650-5383

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