Southern and Portland Maine Homes - Maine Real Estate » Portland Maine Homes

Portland Maine October Real Estate report 2009

admin — Thu, 05 Nov 2009 16:15:31 +0000

The Portland Maine real estate markets saw significantly increased transaction volume in October, 25% greater than a year prior with 49 residential homes trading hands. Median pricing still remains off about 10% from a year prior, but month over month the median price has been hovering around 200K and thus seen little decrease.

Just across the million dollar bridge however the real estate markets of South Portland saw 29 homes sell at a median price point of 196K, up 13% from a year prior. Transaction volume was up about 7% for the time period year over year.

The first time homebuyers continue to buy and with the extension of the tax credit, look for more of the same going forward in the southern Maine housing markets.

Thanks for reading,

John
Maine Buyers Agent

Portland Maine Summer Residential Recap

johnherrigel — Tue, 29 Sep 2009 14:44:38 +0000

The greater Portland ME real estate markets for the summer 2009 season posted fair results. Spurred along by the First time home buyer credit, a total of 186 homes traded hands in June/July/August 2009 compared with 230 for the same period 20008. This represents a surprising drop of about 20%. The median Portland Maine home sold for 203K after sitting on the market for about 46 days. This compares with a median price of 222K in 2008 after sitting on the market for about 37 days, thus a pricing drop of about 8%.

Things to do in Portland Maine

admin — Tue, 14 Jul 2009 12:40:12 +0000

If you are somebody looking to relocate to Maine here are a few great activities and things to do in Portland. Whether you have recently purchased a home in Portland ME or simply visiting and need an activities, here are a few.

The Portland Museum of Art – located on Fore Street and always offering wonderful art exhibits from world famous artists.

Maine schooner tours – Travel aboard the Frances, a 72 foot schooner exploring Portland harbor and the nearby lighhouses. Leaving from the Maine state pier off of Commercial Street.

Old Port Shopping – Shop at one of the numerous boutique stores and stay the evening to enjoy a Maine microbrew at one of the many local taverns.

Thanks for reading and enjoy.

Welcome to My Southern Maine Home

admin — Thu, 12 Mar 2009 13:54:23 +0000

The intent of this site will be to provide relevant housing and real estate information on the greater Portland Maine markets.